USDCNY - Chinese Yuan Exchange rate

The USDCNY spot exchange rate appreciated 0.0253 or 0.40 percent during the last 30 days. The USDCNY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the CNY. While the USDCNY spot exchange rate is quoted and exchanged in the same day, the USDCNY forward rate is quoted today but for delivery and payment on a specific future date. This page includes a chart with historical data for USDCNY - Chinese Yuan Exchange rate.


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USDCNY - Chinese Yuan Exchange rate


Currency
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.



CHINA NEWS

China's Inflation Rate Down to 3.4% in April
Published: 5/11/2012 11:31:49 AM By: TradingEconomics.com, National Bureau of Statistics of China
In April, the consumer price index (CPI) went up by 3.4 percent year-on-year. The prices grew by 3.4 percent in cities and 3.3 percent in rural areas.

China Trade Surplus Widens in April
Published: 5/10/2012 11:44:27 AM By: TradingEconomics.com, General Administration of Customs
China recorded a better-than-expected surplus of $18.42 billion in April. However, export and import growth slowed notably in April, as the European debt woes and slowing growth in emerging economies hampered demand.

China's GDP at 3 Year Low in Q1
Published: 4/13/2012 10:27:32 AM By: TradingEconomics.com, National Bureau of Statistics of China
China's GDP in the first quarter of 2012 was 10,799.5 billion yuan, a year-on-year increase of 8.1 percent. The value added of the primary industry was 692.2 billion yuan, up by 3.8 percent; that of the secondary industry was 5,145.1 billion yuan, up by 9.1 percent; and that of the tertiary industry was 4,962.2 billion yuan, up by 7.5 percent. In the first quarter of 2012, the gross domestic product went up by 1.8 percent on quarterly bases.

China's Inflation Rate Up to 3.6% in March
Published: 4/10/2012 11:47:42 AM By: TradingEconomics.com, National Bureau of Statistics of China
In March, the consumer price index (CPI) went up by 3.6 percent year-on-year. The food prices went up by 7.5 percent, while the non-food prices increased by 1.8 percent. The prices of consumer goods went up by 4.4 percent and the prices of services grew by 1.5 percent.

China Posts Unexpected Trade Surplus in March
Published: 4/10/2012 11:42:24 AM By: TradingEconomics.com
China returned to an export-led trade surplus of $5.35 billion in March, heralding the prospect that a rebound in the global economy is lifting overseas orders just in time to compensate for a slowdown in domestic demand.

China's Inflation Rate Down to 3.2% in February
Published: 3/9/2012 11:08:08 AM By: TradingEconomics.com, National Bureau of Statistics of China
In February, the consumer price index (CPI) went up by 3.2 percent year-on-year. The food prices went up by 6.2 percent while the non-food prices increased by 1.7 percent. The prices of consumer goods went up by 3.9 percent and the prices of services grew by 1.5 percent.

China's Economy Expands 8.9% in Q4
Published: 1/17/2012 12:17:38 PM By: TradingEconomics.com, Reuters
China's economy expanded at its weakest pace in 2-1/2 years in the fourth quarter, with the sagging real estate and export sectors heralding a sharper slowdown in coming months and fresh pro-growth measures from the government.

China's Trade Surplus Narrows in November
Published: 12/10/2011 1:08:15 PM By: TradingEconomics.com, General Administration of Customs
China's trade surplus narrowed in November, but was higher than expected, indicating the euro-zone crisis is having a real but still limited impact on Chinese exports.

China Inflation Rate Falls to 4.2 percent in November
Published: 12/9/2011 12:03:00 PM By: TradingEconomics.com, National Bureau of Statistics China
Inflation Rate in China eased to 4.2 percent in November from 5.5 percent in October, the National Bureau of Statistics said. The rate cooled for a fourth consecutive month, after peaking at 6.5 percent in July.

China's Trade Surplus Widens in October
Published: 11/10/2011 10:54:04 AM By: TradingEconomics.com, General Administration of Customs
China recorded a trade surplus of $17.03 billion in October, as exports rose 15.9 percent year-on-year to $157.49 billion, while imports increased 28.7 percent to 140.56 billion, according to the General Administration of Customs. The trade surplus was $14.51 billion in September.

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