CNYUSD=X - CNY/USD

CCY - CCY Delayed Price. Currency in USD
0.146
-0.000 (-0.037%)
As of 8:45AM BST. Market open.
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Previous Close0.146
Open0.146
Bid0.146
Day's Range0.146 - 0.146
52 Week Range0.1442 - 0.1604
Ask0.146
  • Dollar bounces back from tariff-induced low as Treasury yields rise
    MarketWatchyesterday

    Dollar bounces back from tariff-induced low as Treasury yields rise

    The U.S. dollar on Tuesday traded in a tight range, struggling for direction in the wake of an intensification of the U.S.-China trade fight after the Trump administration followed through on its plan to impose tariffs on an additional $200 billion in Chinese goods, prompting Beijing to vow retaliation.

  • Reuters2 days ago

    China's yuan, stocks down as U.S. fires fresh trade salvo

    China's yuan currency and its stocks edged lower on Tuesday after U.S. President Donald Trump said Washington will impose duties on an extra $200 billion worth of Chinese imports, sharply escalating the trade fight between the two economic giants. Trump on Monday imposed 10 percent tariffs on about $200 billion worth of Chinese imports, and threatened to levy duties on an additional $267 billion of Chinese goods if Beijing retaliates. In Hong Kong, the Hang Seng index dropped 0.7 percent to 26,732.67 points, while the Hong Kong China Enterprises Index lost 0.3 percent, to 10,431.40.

  • Dollar adds to slide as trade fears are back at center stage
    MarketWatch2 days ago

    Dollar adds to slide as trade fears are back at center stage

    The U.S. dollar weaken firmly on Monday, as financial markets worry about renewed escalation of the trade spat between the U.S. and China.

  • 5 things about a U.S.-China trade war that might surprise investors
    MarketWatch3 days ago

    5 things about a U.S.-China trade war that might surprise investors

    China and the U.S. have been quarreling over trade for months, but the macroeconomic fallout from a full-blown trade war might not be as bad as investors fear, says one economist.

  • Stocks jump as the US proposes a new round of trade talks with China
    Yahoo Finance7 days ago

    Stocks jump as the US proposes a new round of trade talks with China

    Midday Movers September 13th, 2018

  • Three Reasons for Rebounding Indices in Developing Countries
    FX Empire7 days ago

    Three Reasons for Rebounding Indices in Developing Countries

    Three main factors lift-up developing countries’ share markets. Global stocks rise on hopes of new trade talks. Investors await the ECB and BoE decisions.

  • Dollar drops on Nafta, China trade developments
    MarketWatch8 days ago

    Dollar drops on Nafta, China trade developments

    The U.S. dollar weakens on Wednesday, while its Canadian rival was boosted higher by some euphoria over potential progress regarding the North American Free Trade Agreement.

  • Reuters8 days ago

    China August new loans fall to 1.28 trillion yuan, below forecasts

    Chinese banks made fewer new loans in August than expected, highlighting problems facing the central bank as it tries to boost credit to smaller companies facing weaker demand at home and shrinking export orders. With U.S. trade duties threatening to ratchet up pressure on China's already slowing economy, its policymakers have shifted focus in recent months to growth-boosting measures, pushing banks to lend more and reducing corporate financing costs. Chinese banks extended 1.28 trillion yuan ($186.40 billion) in net new yuan loans in August, according to central bank data released on Wednesday.

  • U.S. dollar inches higher, as Aussie trades at lowest since early 2016
    MarketWatch9 days ago

    U.S. dollar inches higher, as Aussie trades at lowest since early 2016

    The U.S. dollar bounced higher versus its major rivals Tuesday, as trade issues remained center stage and Australia’s currency hit a more than 2 1/2-year low.

  • Reuters9 days ago

    BRIEF-Fu Shou Yuan International Group Notes Unusual Movements In Price And Trading Volume Of Co's Shares

    Sept 11 (Reuters) - Fu Shou Yuan International Group Ltd : * NOTED UNUSUAL MOVEMENTS IN PRICE AND TRADING VOLUME OF SHARES OF COMPANY * SAVE AS DISCLOSED, IT IS NOT AWARE OF ANY REASONS FOR PRICE AND TRADING ...

  • Reuters14 days ago

    Faced with trade war risk, yuan to manage only modest rise: Reuters poll

    The Chinese yuan will trim only some of its recent losses against the dollar over the coming year, with the People's Bank of China increasingly likely to intervene to support the currency against a still-rampant dollar, a Reuters poll found. Trading in the partly-managed yuan, which has lost about 5 percent since the start of the year, was volatile this week amid threats that U.S. President Donald Trump could impose additional tariffs on Chinese goods worth $200 billion. "Chinese authorities, having allowed the yuan to weaken in response to the trade escalation, have now signaled that they are unwilling to let the currency slide further beyond the 6.95–7.00 level last seen in late 2016," noted Khoon Goh, Head of Asia Research at ANZ.

  • Reuters14 days ago

    Faced with trade war risk, yuan to manage only modest rise: Reuters poll

    The Chinese yuan will trim only some of its recent losses against the dollar over the coming year, with the People's Bank of China increasingly likely to intervene to support the currency against a still-rampant dollar, a Reuters poll found. Trading in the partly-managed yuan, which has lost about 5 percent since the start of the year, was volatile this week amid threats that U.S. President Donald Trump could impose additional tariffs on Chinese goods worth $200 billion. "Chinese authorities, having allowed the yuan to weaken in response to the trade escalation, have now signaled that they are unwilling to let the currency slide further beyond the 6.95–7.00 level last seen in late 2016," noted Khoon Goh, Head of Asia Research at ANZ.

  • Reuters15 days ago

    China's Didi says will invest $20 million in customer service after passenger death

    Chinese ride-hailing firm Didi Chuxing Technology Co Ltd said on Wednesday it will spend 140 million yuan ($20.5 million) to improve its customer service after the recent murder of a passenger by her Didi driver exposed safety issues at the firm. Didi founder Cheng Wei made the comments in a speech to government regulators who visited the company at the start of a nation-wide inspection of ride-hailing companies, the Chinese newspaper Beijing Daily said. Didi has been under pressure since a passenger was raped and murdered by her driver last month.

  • USD/CNY – Trump Era Wakes Up a Sleeping Giant
    FX Empire16 days ago

    USD/CNY – Trump Era Wakes Up a Sleeping Giant

    The Chinese Yuan has experienced the largest swings in its history over the last few years. This has mostly come about as a result of increasing trade tensions with the US.

  • FX Empire16 days ago

    Manufacturing Slow Down is the Price for Trade Uncertainty, EM Currencies Continue to Lose Ground

    The Indian rupee updates its historical lows to the dollar, and the Argentine peso lost more than 3% on Monday. The Turkish lira exchange rate is seen as vulnerable. Weak production Manufacturing PMI weighs on the global economy.

  • Reuters17 days ago

    Trade war could force heavier hand from China on yuan

    China's central bank may have to decide soon whether to intervene more forcefully to support the wobbling yuan currency as the United States readies more sweeping tariffs on Chinese goods. After tinkering around the edges while the yuan fell for four straight months, the People's Bank of China (PBOC) recently signalled it was not comfortable with further losses and managed to steady the currency before it tested the sensitive 7-per-dollar level. President Donald Trump's administration could slap tariffs on another $200 billion of Chinese imports as early as this week, the latest punitive measures aimed at forcing Beijing to improve market access, cut industrial subsidies and slash its huge trade surplus with the United States.

  • Argentine Peso and Turkish Lira Frighten the Markets
    FX Empire18 days ago

    Argentine Peso and Turkish Lira Frighten the Markets

    Last week, the events around the Argentine currency were in the spotlight. The Turkish Lira continues its downfall.

  • China's ZTE sees third quarter profit after first-half loss on U.S. supplier ban
    Reuters21 days ago

    China's ZTE sees third quarter profit after first-half loss on U.S. supplier ban

    China's ZTE Corp said it expects to make a profit in the third quarter after recording its worst-ever first-half net loss on Thursday, the result of a U.S. supplier ban that forced the telecoms gear maker to halt operations for three months. ZTE, the world's fourth-largest telecommunications equipment maker by market share, was crippled in April when the United States imposed the seven-year ban, saying ZTE broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea. The company expects to post a net profit of between 24.2 million yuan (2.72 million pounds) and 1.0 billion yuan ($146.40 million) in the three months to September 30, it said in a filing to the Shenzhen stock exchange.

  • Reuters21 days ago

    PetroChina second-quarter profit surges to three-year high on oil price recovery

    Second-quarter profit at PetroChina Co , China's largest oil and gas producer, more than doubled from a year earlier to 16.94 billion yuan (1.91 billion pounds) , according to Reuters' calculations based on first-half results released on Thursday. For the first half, net income rose 114 percent from the same period last year to 27.09 billion yuan, a company filing to the Shanghai Exchange showed. The company reported profit in the first quarter of 10.15 billion yuan in April.

  • Reuters23 days ago

    China Evergrande seeks to sustain profit margin after record first-half

    China Evergrande Group , the country's second-largest property developer by sales, said on Tuesday it will stay away from small cities and expensive land to sustain margins after posting the industry's highest-ever first-half profit. Core profit, which excludes revaluation gains and non-recurring items, doubled to 55.01 billion yuan ($8.00 billion) in January-June, in line with its forecast, helped by lower expenses and an increase in the number of properties delivered. The result comes as major Chinese developers such as China Vanke Co Ltd and Country Garden Holdings Co Ltd also post record first-half profit, after sales of apartments built on land purchased cheaply a few years prior.

  • Reuters23 days ago

    China's Fosun posts record first half profit on growth across core businesses

    HONG KONG (Reuters) - Chinese conglomerate Fosun International Ltd on Tuesday posted a 17 percent rise in January-June net profit, setting a first-half record due to growth in its core businesses. Fosun, ...

  • Despite Mexico Deal, US Will Continue to Play Hardball with China
    FX Empire23 days ago

    Despite Mexico Deal, US Will Continue to Play Hardball with China

    U.S. and Mexico reached common ground on key trade terms on Monday, with Canada expected to re-join the negotiations on Tuesday. The U.S. might have to resort to auto tariffs to encourage its neighbor to the north to make a new deal. The U.S. may have showed the willing to concede in its negotiations with Mexico, but this will not be the case with China.

  • MARKETS: An emerging markets crisis would be triggered by these three things
    Yahoo Finance Video14 days ago

    MARKETS: An emerging markets crisis would be triggered by these three things

    From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to break down the latest market moves.

  • MARKETS: Emerging markets are not in crisis mode but bear watching
    Yahoo Finance Video15 days ago

    MARKETS: Emerging markets are not in crisis mode but bear watching

    From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to break down the latest market action.

  • MARKETS: China has a currency problem with the weakening yuan
    Yahoo Finance Video16 days ago

    MARKETS: China has a currency problem with the weakening yuan

    From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to break down the latest market moves as trading in the month of September kicks off.