Graph and download economic data for Chinese Yuan Renminbi to U.S. Dollar Spot Exchange Rate (EXCHUS) from Jan 1981 to Jun 2025 about China, exchange rate, currency, rate, and USA.

In April 2025, the exchange rate of yuan to U.S. dollar was ****. In the past decades, the yuan has undergone a slow liberalization, being increasingly exposed to the international money market. FOREX history of the Renminbi After the Communist Party took control over China, it introduced a unified currency which has since then undergone many changes. During the planned economy, the yuan had a fixed exchange rate. At the time, the currency’s exchange rate was deliberately set high to support the industrial development, which relied on imports. After the country committed to opening its economy, the Renminbi was gradually exposed to the supply and demand of the global FOREX markets. Until 2005, the yuan remained pegged to the U.S. dollar. Currency manipulator, or not? As China manifested its role in the global economy, the country was repeatedly accused of manipulating the value of its currency. Especially, voices from the United States claimed that Beijing would intentionally keep the value of the yuan low. A cheap Renminbi would make products from China more attractive for foreign buyers which in turn would support the country’s export-driven economy. However, currency manipulation is difficult to make out and even harder to prove, which is why no significant actions have been taken.

The USD/CNY exchange rate fell to 7.1472 on July 24, 2025, down 0.05% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.28%, and is up by 1.28% over the last 12 months. Chinese Yuan - values, historical data, forecasts and news - updated on July of 2025.

China Foreign Debt: U.S. Dollar data was reported at 966.080 USD bn in Dec 2024. This records a decrease from the previous number of 1,000.160 USD bn for Sep 2024. China Foreign Debt: U.S. Dollar data is updated quarterly, averaging 856.892 USD bn from Dec 2009 (Median) to Dec 2024, with 61 observations. The data reached an all-time high of 1,290.516 USD bn in Mar 2022 and a record low of 180.883 USD bn in Dec 2009. China Foreign Debt: U.S. Dollar data remains active status in CEIC and is reported by State Administration of Foreign Exchange. The data is categorized under China Premium Database’s Government and Public Finance – Table CN.FA: Foreign Debt: Quarterly.

United States Spot Exchange Rate: China Renminbi to US Dollar data was reported at 6.919 RMB/USD in Oct 2018. This records an increase from the previous number of 6.855 RMB/USD for Sep 2018. United States Spot Exchange Rate: China Renminbi to US Dollar data is updated monthly, averaging 6.583 RMB/USD from Jan 1981 (Median) to Oct 2018, with 454 observations. The data reached an all-time high of 8.725 RMB/USD in Apr 1994 and a record low of 1.552 RMB/USD in Jan 1981. United States Spot Exchange Rate: China Renminbi to US Dollar data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.M015: Spot Exchange Rate.

Graph and download economic data for Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for China (CCUSMA02CNQ618N) from Q1 1957 to Q2 2025 about China, exchange rate, currency, and rate.

Foreign Exchange Reserves in China increased to 3317000 USD Million in June from 3285000 USD Million in May of 2025. This dataset provides - China Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Prices for CNYUSD Chinese Yuan US Dollar including live quotes, historical charts and news. CNYUSD Chinese Yuan US Dollar was last updated by Trading Economics this July 24 of 2025.

Graph and download economic data for Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for China (CCUSMA02CNM618N) from Jan 1957 to May 2025 about China, exchange rate, currency, and rate.

china - Chinese Yuan Renminbi to U.S. Dollar Spot Exchange Rate was 7.29680 Chinese Yuan to 1 U.S. $ in April of 2025, according to the United States Federal Reserve. Historically, china - Chinese Yuan Renminbi to U.S. Dollar Spot Exchange Rate reached a record high of 7.30710 in October of 2023 and a record low of 6.34360 in February of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for china - Chinese Yuan Renminbi to U.S. Dollar Spot Exchange Rate - last updated from the United States Federal Reserve on July of 2025.

Key information about China Foreign Exchange Reserves

• China Foreign Exchange Reserves was measured at 3,227.2 USD bn in Feb 2025, compared with 3,209.0 USD bn in the previous month
• China Foreign Exchange Reserves: USD mn data is updated monthly, available from Jan 1989 to Feb 2025
• The data reached an all-time high of 3,993.2 USD bn in Jun 2014 and a record low of 3.7 USD bn in Jan 1989

• In the latest reports, China Foreign Exchange Reserves equaled 13.9 Months of Import in Dec 2024.
• Its Money Supply M2 increased 44,045.8 USD bn YoY in Sep 2024.
• China Domestic Credit reached 49,338.1 USD bn in Jan 2025, representing an increased of 7.9 % YoY.
• The country's Non Performing Loans Ratio stood at 1.5 % in Dec 2024, compared with the ratio of 1.6 % in the previous quarter.
• Household Debt of China reached 63.3 % in Mar 2023, accounting for 63.3 % of the country's Nominal GDP.

In 2024, the foreign exchange reserves in China amounted to over *** trillion U.S. dollars. Over the past years, the forex reserved had remained relatively stable. However, in the first half of 2022, the country’s dollar reserves fluctuated as a response to domestic and international crises. On the one hand, the outbreak of the Omicron variant affected the Chinese economy, on the other hand, the war in Ukraine brought uncertainty to global markets.

The world’s largest forex holder For over 30 years, China has been the global factory and by having a trade surplus, was able to grow its reserve assets to be the largest in the world. The most prominent currency on the People’s Bank of China’s balance sheet is the U.S. dollar. One of its main applications is the stabilization of the U.S. dollar to the yuan exchange rate. The yuan as a reserve currency Currency can be a powerful tool that the Chinese government does not want to miss. Since the U.S. dollar is the global reserve currency, the United States has strong leverage over other countries. Therefore, to build a counterweight to American influence, Beijing works on establishing the Yuan as a second global reserve currency. So far, China has set up a reserve pool with **** other nations and opened offshore clearing houses around the world.

Graph and download economic data for Exchange Rate to U.S. Dollar for China (FXRATECNA618NUPN) from 1952 to 2010 about China, exchange rate, currency, rate, and USA.

In the first quarter of 2025, the interbank transaction value of U.S. dollars in China reached almost ** trillion yuan. The U.S. dollar was the leading foreign currency traded in China. Other notable currencies included the euro, the yen, and the Hong Kong dollar.

China - All total liabilities of banks with headquaters in All countries (total) vis-a-vis residents of All countries (total), all sectors (amounts outstanding / stocks, all instruments in foreign currency (ie currencies foreign to bank location country), US dollar )

China Purchasing Power Parity: National Currency per USD: Single Hit Scenario data was reported at 4.188 USD/RMB in 2021. This stayed constant from the previous number of 4.188 USD/RMB for 2020. China Purchasing Power Parity: National Currency per USD: Single Hit Scenario data is updated yearly, averaging 2.810 USD/RMB from Dec 1982 (Median) to 2021, with 40 observations. The data reached an all-time high of 4.204 USD/RMB in 2018 and a record low of 1.328 USD/RMB in 1983. China Purchasing Power Parity: National Currency per USD: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Exchange Rate: Forecast: Non OECD Member: Annual. PPP - Purchasing power parity, national currency per USD

In April 2025, the transaction volume of foreign exchange and currency swaps amounted to over *** trillion U.S. dollars. The foreign exchange and currency swaps was first introduced to China's financial market in 2007.

The euro and U.S. dollar made up more than ***** of 10 SWIFT payments worldwide in 2025, outperforming many other currencies. This is according to a monthly report meant to track the market share of China's yuan renminbi within the international bank transfer system SWIFT. Although China holds the largest forex reserves in the world, the yuan ranked as the ******-used currency in international payments. The figures concern customer-initiated and institutional payments and exclude trade. Discussions on the potential weakening role of the U.S. dollar especially touch world trade and forex. For example, the share of the USD in forex reserves declined visibly against the euro and Japanese yen in 2024. What sparked this de-dollarization trend, and will it continue? Trade sanctions and de-dollarization De-dollarization in 2024 is mentioned mostly alongside trade and the BRICS countries - an informal name given to Brazil, Russia, India, China, and South Africa. The combined GDP of BRICS is about ** percent of the world's economy. After the start of the Ukraine war and Russia received economic sanctions, the BRICS slowly evolved into a trading bloc. The group increasingly wanted its own currency to settle payments within the trade bloc, to avoid using the U.S. dollar. In August 2024, BRICS will gather in South Africa to discuss the creation of such a new joint currency. Additionally, ** countries - including Argentina, Algeria, Egypt, Saudi Arabia, Turkey, and Yemen - expressed interest in joining the BRICS group. CBDC, or projects into a digital payment settlement A factor of future uncertainty for the U.S. dollar is how central bank digital currencies (CBDC) develop in emerging countries. Several projects exist between individual countries that specifically target cross-border interbank payments. A cooperation between Thailand and Hong Kong, Inthanon-Lionrock, ranks as the most advanced of these projects. CBDC does not require the U.S. dollar to function. Tangible such as commodities or gold can back them. The value of transactions processed with CBDC is to grow by ******* percent between 2024 and 2030.

Foreign exchange reserves, billion currency units in China, June, 2025 The most recent value is 3627.08 billion U.S. Dollar as of June 2025, an increase compared to the previous value of 3593.46 billion U.S. Dollar. Historically, the average for China from November 1980 to June 2025 is 1366.41 billion U.S. Dollar. The minimum of 2.93 billion U.S. Dollar was recorded in March 1981, while the maximum of 4020.65 billion U.S. Dollar was reached in June 2014. | TheGlobalEconomy.com

Key information about China Exchange Rate against USD

• China Exchange Rate against USD averaged 6.985 (USD/RMB) in May 2023, compared with 6.888 USD/RMB in the previous month.
• China Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 8.725 in Apr 1994 and a record low of 1.452 in Jul 1980.

• In the latest reports, China Short Term Interest Rate: Month End: SHIBOR: 3 Months was reported at 2.219 % pa in May 2023.
• Its Long Term Interest Rate (Treasury Bond Yield: Interbank: Spot Yield: 10 year) was reported at 2.706 % pa in May 2023.
• The cash rate (Policy Rate: Month End: China: Rediscount Rate) was set at 2.650 % pa in Jun 2023.