EXCHANGE RATE OF USDCNH ON FOREX

USD/CNH is a currency pair, consisting of the US dollar and the Chinese yuan. This pair is considered exotic in the currency market. The base currency is the US dollar. USD/CNH is not very popular pair, but it is quite stable. The dynamics of the pair depends on the level of purchasing power, commodity prices, the level of customs duties on Chinese goods and interest rates, especially, established by the Reserve Fund. The pair is popular with position traders.

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