18/04/2014 22:52:51 Free Membership Login

Chinese Yuan Falls To New 1-week Low Against U.S. Dollar

Date : 06/25/2012 @ 12:18AM
Source : RTTF2
Stock : United States Dollar (B) VS China Yuan Renminbi Spot (USD/Cny) (USDCNY)
Quote : 6.2245  0.0057 (0.09%) @ 6:51PM
United States Dollar vs China Yu share price Chart

Chinese Yuan Falls To New 1-week Low Against U.S. Dollar

United States Dollar vs China Yu (FX:USDCNY)
Forex Chart

2 Years : From Apr 2012 to Apr 2014

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The Chinese yuan declined against the U.S. dollar on Monday in Asia. The yuan fell to 6.3742 against the greenback for the first time June 18. On the downside, the yuan may target 6.38 level.

The People's Bank of China set today's central parity rate for the yuan at 6.3230 per dollar, lower than Thursday's daily reference rate of 6.3040. China stock market was closed on Friday for Dragon Boat Festival. The Chinese central bank sets the central parity rate every morning and allows the currency to fluctuate up to 1 percent from the level.



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