Chinese Yuan Hits More Than 3-week Low Against U.S. Dollar

Date : 07/08/2012 @ 11:40PM
Source : RTTF2

Chinese Yuan Hits More Than 3-week Low Against U.S. Dollar

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

5 Years : From Dec 2012 to Dec 2017

Click Here for more United States Dollar vs China Yu Charts.

In the Asian session on Monday, the Chinese yuan declined against the U.S. dollar. The yuan fell to 6.3751 against the greenback, its lowest level since June 15. On the downside, the yuan may target 6.38 level. The pair closed last week's deals at 6.3657.

Consumer prices in China were up 2.2 percent on year in June, the National Bureau of Statistics said, slowing for the fifth consecutive month.

The headline figure was below forecasts for 2.3 percent after coming in at 3.0 percent in May.

The People's Bank of China set today's central parity rate for the yuan at 6.3293 per dollar, compared to Friday's daily reference rate of 6.3249. The Chinese central bank sets the central parity rate every morning and allows the currency to fluctuate up to 1 percent from the level.

Latest USDCNY Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:31 V:us D:20171217 14:00:59