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Chinese Yuan Off New 1-1/2-month Low Versus U.S. Dollar

Date : 05/14/2012 @ 11:31PM
Source : RTTF2
Stock : United States Dollar (B) VS China Yuan Renminbi Spot (USD/Cny) (USDCNY)
Quote : 6.1604  0.0089 (0.14%) @ 1:39AM
United States Dollar vs China Yu share price Chart

Chinese Yuan Off New 1-1/2-month Low Versus U.S. Dollar

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

3 Years : From Aug 2011 to Aug 2014

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Erasing its early losses, the Chinese yuan bounced back from a new 1-1/2-month low of 6.3285 against the U.S. dollar in the Asian session on Tuesday. The pair is now trading at 6.3240. The greenback-yuan pair ended Monday's deals at 6.3224.

The People's Bank of China set today's central parity rate for the yuan at 6.3110 per dollar, compared to Monday's daily reference rate of 6.3040. 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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