United States Dollar vs China Yu (FX:USDCNY)
2 Years : From Dec 2011 to Dec 2013
The Chinese yuan retraced from its early high against the U.S. dollar in the Asian session on Thursday. The yuan is now trading at 6.3625 per dollar, compared to an early 8-day high of 6.3578. The pair ended Wednesday's trading at 6.3586.
The People's Bank of China set today's central parity rate for the yuan at 6.3190 per dollar, compared to yesterday's daily reference rate of 6.3173. The Chinese central bank sets the central parity rate every morning and allows the currency to fluctuate up to 1 percent from the level.