USD/CNY Strengthens to 6.7934, Up 25 Basis Points on July 17

On July 17, the U.S. dollar strengthened against the Chinese yuan at the interbank foreign exchange market, with the USD/CNY midpoint rate rising 25 basis points to 6.7934.

Other major currency pairs against the yuan moved as follows: EUR/CNY fell 59 points to 7.7631; GBP/CNY declined 289 points to 9.1414; JPY/CNY dropped 4 points to 4.1811; CHF/CNY fell 244 points to 8.3928; SGD/CNY declined 20 points to 5.2568; HKD/CNY, AUD/CNY, CAD/CNY, and NZD/CNY rose 1.8, 17, 74, and 36 points respectively; CNY/RUB increased 773 points to 11.5295; CNY/MYR fell 8.3 points to 0.60059.

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