INR/CNY
Market Open
15 Jun, 08:29
¥
0. 071639
+0.0005
+0.7032%
¥
524 Volume
¥ 0.071138
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INRCNY Overview
INRCNY denotes the exchange rate between the Indian Rupee (INR) and the Chinese Yuan (CNY), indicating how many yuan one rupee will purchase. It is the bilateral FX quote used to assess the relative value of India’s currency against China’s and is monitored by traders, importers, and financial institutions.
The Indian Rupee is the official currency of the Republic of India and its territories. Issued and regulated by the Reserve Bank of India (RBI), the rupee serves as the nation’s legal tender for domestic transactions and monetary policy implementation.
The Chinese Yuan, commonly referred to as the renminbi (RMB) with the ISO code CNY, is the official currency of the People’s Republic of China. The People’s Bank of China (PBOC) issues and manages the currency, which is used across mainland China and plays an increasing role in regional and global trade settlement.
Rates for INRCNY are set by market supply and demand and influenced by bilateral trade flows, interest rate and inflation differentials, central bank actions, capital controls and geopolitical events. Short-term sentiment, liquidity and cross-border capital movements also affect quote dynamics.
For market participants the pair is relevant for pricing imports and exports between India and China, hedging currency risk, and pursuing speculative or relative-value strategies in Asian FX markets.
The Indian Rupee is the official currency of the Republic of India and its territories. Issued and regulated by the Reserve Bank of India (RBI), the rupee serves as the nation’s legal tender for domestic transactions and monetary policy implementation.
The Chinese Yuan, commonly referred to as the renminbi (RMB) with the ISO code CNY, is the official currency of the People’s Republic of China. The People’s Bank of China (PBOC) issues and manages the currency, which is used across mainland China and plays an increasing role in regional and global trade settlement.
Rates for INRCNY are set by market supply and demand and influenced by bilateral trade flows, interest rate and inflation differentials, central bank actions, capital controls and geopolitical events. Short-term sentiment, liquidity and cross-border capital movements also affect quote dynamics.
For market participants the pair is relevant for pricing imports and exports between India and China, hedging currency risk, and pursuing speculative or relative-value strategies in Asian FX markets.
INRCNY Chart
INRCNY FAQ
What is the current INR/CNY price?
The current rate is ¥0.071639, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the INR/CNY rate changed today?
The rate has changed by +0.0005 (+0.7032%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ¥0.071138, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is INR/CNY moving up or down?
Movements in INR/CNY are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.7032%) is based on the difference between the current rate and the previous closing rate.
Is INR/CNY trending up or down right now?
If the current rate (¥0.071639) is above the previous close (¥0.071138), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for INR/CNY directly on this page.
