Chinese Yuan/United States dollar

stockPerformance $-0.0003 (-0.17%)
Updated: 18 Jan, 3:15 pm UTC
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The Chinese Yuan is a major global currency and is used for international trade and investment. It is used to buy and sell goods and services in China, and is also used by global investors to access Chinese markets. The Yuan is also used by major international banks and financial institutions to execute foreign exchange transactions, as it is one of the most widely traded currencies in the world. In addition, the Chinese government sets the exchange rate of the Yuan, making it a major component of global currency markets. As such, it plays an important role in global investing and financial markets.