The offshore yuan edged lower to around 6.83 per dollar, ending a five-session winning streak, after the People’s Bank of China reaffirmed its cautious monetary easing stance, even as consumer inflation slowed and producer prices rebounded. Annual consumer inflation slowed more than expected to 1% in March 2026 from 1.3% in February, as the seasonal boost from holiday spending faded. The PBoC maintained its cautious stance at a quarterly meeting last month, signaling limited appetite for aggressive easing after a modest rate cut in 2025. Meanwhile, producer prices rose 0.5%, beating forecasts and marking the first increase since September 2022, driven partly by higher global energy costs amid Middle East tensions. While China’s strategic reserves and diversified energy supply have cushioned the impact, signs of domestic pass-through are emerging, as authorities raised retail fuel prices for the third time since late February. Over the week, the yuan is set for its second weekly gain.

The USD/CNY exchange rate was unchanged at 6.8283 on April 10, 2026. Over the past month, the Chinese Yuan has strengthened 0.70%, and is up by 6.25% over the last 12 months. Historically, the USDCNY reached an all time high of 8.73 in January of 1994. Chinese Yuan - data, forecasts, historical chart - was last updated on April 10 of 2026.

The USD/CNY exchange rate was unchanged at 6.8283 on April 10, 2026. Over the past month, the Chinese Yuan has strengthened 0.70%, and is up by 6.25% over the last 12 months. The Chinese Yuan is expected to trade at 6.87 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.81 in 12 months time.



Crosses Price Day Year Date
USDCNY 6.8263 -0.0021 -0.03% -6.28% Apr/10
EURCNY 7.9981 0.0099 0.12% -3.19% Apr/10
GBPCNY 9.1776 0.0035 0.04% -3.72% Apr/10
AUDCNY 4.8273 -0.0076 -0.16% 5.35% Apr/10
NZDCNY 3.9867 -0.0141 -0.35% -5.19% Apr/10
CNYJPY 23.3180 0.0387 0.17% 18.35% Apr/10
CNYARS 202.4051 0.0174 0.01% 37.12% Apr/10
CNYBRL 0.7467 0.0003 0.04% -7.26% Apr/10
CNYCAD 0.2027 0.0003 0.17% 6.39% Apr/10
CNYCHF 0.1157 -0.0001 -0.10% 3.37% Apr/10
CNYDKK 0.9347 -0.0007 -0.07% 3.43% Apr/10
CNYHKD 1.1472 -0.0001 -0.01% 7.77% Apr/10
CNYINR 13.5564 0.0145 0.11% 14.71% Apr/10
CNYKRW 217.1499 1.2005 0.56% 11.29% Apr/10
CNYMXN 2.5435 0.0005 0.02% -8.81% Apr/10
CNYRUB 11.2622 -0.1057 -0.93% -1.46% Apr/10
CNYSGD 0.1866 0.0001 0.08% 3.04% Apr/10
CNYZAR 2.4058 0.0105 0.44% -8.35% Apr/10
 Currencies
 CNY...
 ...CNY



Related Last Previous Unit Reference
China Inflation Rate 1.00 1.30 percent Mar 2026
United States Inflation Rate 2.40 2.40 percent Feb 2026
China Loan Prime Rate 3.00 3.00 percent Mar 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Mar 2026
United States Unemployment Rate 4.30 4.40 percent Mar 2026
China Unemployment Rate 5.30 5.20 percent Feb 2026

Chinese Yuan
The USDCNY exchange rate is a reference rate not used in actual currency trading. When investors or entities want to exchange dollars for the Chinese currency, they do so using the USDCNH exchange rate set in Hong Kong. The People's Bank of China sets the yuan's mid-point rate and the onshore yuan (USDCNY) is allowed to trade 2% higher or lower than the PBoC’s central reference rate. The offshore yuan (USDCNH) which trades outside the mainland is not controlled. The USDCNY and the USDCNH are not very different and usually trade less than a few cents apart. China's Foreign Exchange Trade System published a new yuan index, on December 11th, 2015 including 13 currencies and extended it on January 1st 2017 to 24. The CFETS RMB Index measures the value of yuan against a basket of 24 major currencies, with weights based on international trade and has an end-2014 base year. The USD accounts for the largest share (22.4 percent), followed by the euro (accounting for 16.3 percent) and the yen (11.5 percent). The index also includes the currencies of Hong Kong, UK, Australia, New Zealand, Singapore, Switzerland, Canada, Malaysia, Russia, Thailand, South Africa, South Korea, UAE, Saudi Arabia, Hungary, Poland, Denmark, Sweden, Norway, Turkey and Mexico. .
Actual Previous Highest Lowest Dates Unit Frequency
6.83 6.83 8.73 1.53 1981 - 2026 Daily

News Stream
Offshore Yuan Weakens, Still Set for Weekly Gain
The offshore yuan edged lower to around 6.83 per dollar, ending a five-session winning streak, after the People’s Bank of China reaffirmed its cautious monetary easing stance, even as consumer inflation slowed and producer prices rebounded. Annual consumer inflation slowed more than expected to 1% in March 2026 from 1.3% in February, as the seasonal boost from holiday spending faded. The PBoC maintained its cautious stance at a quarterly meeting last month, signaling limited appetite for aggressive easing after a modest rate cut in 2025. Meanwhile, producer prices rose 0.5%, beating forecasts and marking the first increase since September 2022, driven partly by higher global energy costs amid Middle East tensions. While China’s strategic reserves and diversified energy supply have cushioned the impact, signs of domestic pass-through are emerging, as authorities raised retail fuel prices for the third time since late February. Over the week, the yuan is set for its second weekly gain.
2026-04-10
Yuan Holds Firm at 3-Year Peak
The offshore yuan held above 6.83 per USD, pausing near an over three-year high as investors weighed a fragile US–Iran ceasefire. The agreement, tied to a 10-point proposal and contingent on reopening the Strait of Hormuz, initially boosted risk appetite and weakened the dollar. However, sentiment turned cautious after fresh accusations from Iran of violations, citing disputes over uranium enrichment, continued Israeli strikes in Lebanon, and alleged airspace breaches. Meanwhile, China remains relatively better positioned among Asian peers, with the yuan up about 1.0% against the dollar this month and 2.4% firmer year-to-date, as markets price in reduced geopolitical risk. The currency’s resilience has been supported by China’s large oil stockpiles and comparatively stable energy supply chains. Focus now turns to upcoming inflation numbers due Friday, expected to show a modest rise in annual consumer prices and a return to yearly growth in producer prices for the first time since 2022.
2026-04-09
Chinese Yuan Hits 3-year High
The Chinese Yuan touched 6.83 against the USD, the highest since March 2023. Over the past 4 weeks, US Dollar Chinese Yuan lost 0.9%, and in the last 12 months, it decreased 7.1%.
2026-04-08