The US Dollar to Chinese Yuan (USD/CNY) exchange rate remains under pressure and is trading near 6.77 after the Chinese currency outperformed most regional peers during the first half of the year. Bank of America expects the Yuan to remain well supported, arguing that foreign exchange flows rather than traditional economic fundamentals.
PBOC sets USD/CNY reference rate at 6.8203 vs. 6.8184 previous
PBOC sets USD/CNY reference rate at 6.8184 vs. 6.8187 previous
PBOC sets USD/CNY reference rate at 6.8187 vs. 6.8167 previous
PBOC sets USD/CNY reference rate at 6.8176 vs. 6.8240 previous
PBOC sets USD/CNY reference rate at 6.8240 vs. 6.8291 previous
PBOC sets USD/CNY reference rate at 6.8291 vs. 6.8288 previous
PBOC sets USD/CNY reference rate at 6.8373 vs. 6.8349 previous
PBOC sets USD/CNY reference rate at 6.8397 vs. 6.8375 previous
PBOC sets USD/CNY reference rate at 6.8375 vs. 6.8435 previous
PBOC sets USD/CNY reference rate at 6.8435 vs. 6.8415 previous
PBOC sets USD/CNY reference rate at 6.8415 vs. 6.8401 previous