💱US Dollar/Chinese Yuan Offshore FX Spot Rate
USDCNH
▲ PositiveGeopoliticsrelevance
Middle East tensions boost safe-haven demand for USD, strengthening it against CNH.
USD/CNH gained ground for a second straight day, trading around 6.7760 during Asian hours on Friday. The pair appreciated as the US Dollar received support from escalating developments surrounding conflicts in the Middle East.
Middle East tensions boost safe-haven demand for USD, strengthening it against CNH.