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Chinese Yuan (CNY)

China — People's Bank of China

Chinese yuan / renminbi — the managed currency of the world's second-largest economy.

FX Session:
Tokyo
USD/CNY
6.78573
USD/CNY Exchange Rate
CNY country and API coverage
Tracked indicators 31

Catalogue entries available for this market.

Published latest rows 0

Indicators with recent values loaded for this page.

Source groups 8

Publisher groups represented in coverage metadata.

Primary FX pair USD/CNY

Displayed with the chart and linked market workflows.

CNY currency market profile

Core identifiers, trading context, and product links for China coverage.

Currency code CNY

Chinese Yuan

Policy institution People's Bank of China

Primary central-bank or monetary authority reference.

Primary USD pair USD/CNY

Fast path into the FX pair dashboard and market profile.

Trading session Tokyo

Approximate primary liquidity window used across FXMacroData pages.

Symbol ¥

Display symbol used in product surfaces.

Also known as yuan, renminbi, rmb

Common market shorthand where available.

China macro brief

The highest-signal pages for China include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Gross Domestic Product (GDP) Growth, with each page linking back to the source metadata, release history, and API endpoint.

The Chinese yuan (CNY), also called the renminbi (RMB), is the official currency of mainland China. It trades onshore as CNY (within a daily band set by the People's Bank of China) and offshore as CNH in Hong Kong and other financial centres.

The People's Bank of China (PBoC) sets the daily USD/CNY mid-point fix and uses a range of policy tools — the medium-term lending facility (MLF) rate, reserve requirement ratio (RRR), open-market operations, and the loan prime rate (LPR) — to manage liquidity and credit conditions.

What to watch
  • PBoC daily fix and LPR / MLF announcements.
  • Monthly NBS and Caixin PMIs.
  • Quarterly GDP and monthly activity data.
  • Total social financing and new yuan loans.
  • USD/CNH offshore as a real-time risk gauge.
Economic Indicators

Latest readings are unavailable for this page load. Use the API coverage catalogue below to inspect available CNY endpoints and source metadata.

CNY API docs and available data

This replaces the separate currency API hub. Search the full CNY catalogue, then open detailed endpoint docs for any published indicator.

Economy 10 endpoints

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) National Bureau of Statistics of China
Data starts Pending
/api/v1/announcements/cny/business_confidence
Endpoint docs Indicator overview

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) National Bureau of Statistics of China
Data starts Pending
/api/v1/announcements/cny/consumer_confidence
Endpoint docs Indicator overview

Core Inflation

CPI excluding volatile items like food and energy.

Monthly %YoY NBS
Data starts Pending
/api/v1/announcements/cny/core_inflation
Endpoint docs Indicator overview

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly USD bn SAFE
Data starts Pending
/api/v1/announcements/cny/current_account_balance
Endpoint docs Indicator overview

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly % IMF International Financial Statistics
Data starts Pending
/api/v1/announcements/cny/gdp
Endpoint docs Indicator overview

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY NBS
Data starts Pending
/api/v1/announcements/cny/inflation
Endpoint docs Indicator overview

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY NBS
Data starts Pending
/api/v1/announcements/cny/ppi
Endpoint docs Indicator overview

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %YoY NBS
Data starts Pending
/api/v1/announcements/cny/retail_sales
Endpoint docs Indicator overview

Trade Balance

The difference between the value of a country's exports and imports.

Monthly USD bn NBS
Data starts Pending
/api/v1/announcements/cny/trade_balance
Endpoint docs Indicator overview

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) PBoC
Data starts Pending
/api/v1/announcements/cny/trade_weighted_index
Endpoint docs Indicator overview
Labor Market 5 endpoints

Employment Level

Total number of employed persons.

Annual Persons
Data starts Pending
/api/v1/announcements/cny/employment
Endpoint docs Indicator overview

Full-Time Employment

Number of persons employed full-time.

Monthly Persons ABS
Data starts Pending
/api/v1/announcements/cny/full_time_employment
Endpoint docs Indicator overview

Part-Time Employment

Number of persons employed part-time.

Monthly Persons ABS
Data starts Pending
/api/v1/announcements/cny/part_time_employment
Endpoint docs Indicator overview

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Annual %
Data starts Pending
/api/v1/announcements/cny/participation_rate
Endpoint docs Indicator overview

Unemployment Rate

Percentage of the labor force that is unemployed.

Monthly % NBS
Data starts Pending
/api/v1/announcements/cny/unemployment
Endpoint docs Indicator overview
Money & Credit 3 endpoints

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly CNY tn PBoC
Data starts Pending
/api/v1/announcements/cny/m1
Endpoint docs Indicator overview

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly CNY tn PBoC
Data starts Pending
/api/v1/announcements/cny/m2
Endpoint docs Indicator overview

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly ARS mn
Data starts Pending
/api/v1/announcements/cny/m3
Endpoint docs Indicator overview
Monetary Policy 5 endpoints

Central Bank Total Assets

Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.

Monthly CNY tn PBoC
Data starts Pending
/api/v1/announcements/cny/cb_assets
Endpoint docs Indicator overview

Foreign Exchange Reserves

Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.

Monthly USD bn PBoC
Data starts Pending
/api/v1/announcements/cny/foreign_reserves
Endpoint docs Indicator overview

Gold Reserves

Quantity of gold held by the central bank as part of its foreign exchange reserves, measured in value terms.

Monthly USD bn PBoC
Data starts Pending
/api/v1/announcements/cny/gold_reserves
Endpoint docs Indicator overview

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Monthly % PBoC
Data starts Pending
/api/v1/announcements/cny/policy_rate
Endpoint docs Indicator overview

Risk Free Rate

Overnight lending rate between banks.

Daily % PBoC
Data starts Pending
/api/v1/announcements/cny/risk_free_rate
Endpoint docs Indicator overview
Government Bond Yields 5 endpoints

10-Year Government Bond Yield

Reference information for 10-Year Government Bond Yield.

Daily % Ministry of Finance
Data starts Pending
/api/v1/announcements/cny/gov_bond_10y
Endpoint docs Indicator overview

2-Year Government Bond Yield

Reference information for 2-Year Government Bond Yield.

Daily % Ministry of Finance
Data starts Pending
/api/v1/announcements/cny/gov_bond_2y
Endpoint docs Indicator overview

3-Year Government Bond Yield

Reference information for 3-Year Government Bond Yield.

Daily % Ministry of Finance
Data starts Pending
/api/v1/announcements/cny/gov_bond_3y
Endpoint docs Indicator overview

5-Year Government Bond Yield

Reference information for 5-Year Government Bond Yield.

Daily % Ministry of Finance
Data starts Pending
/api/v1/announcements/cny/gov_bond_5y
Endpoint docs Indicator overview

Inflation-Linked Bond Yield

Reference information for Inflation-Linked Bond Yield.

Daily % RBA
Data starts Pending
/api/v1/announcements/cny/inflation_linked_bond
Endpoint docs Indicator overview
Additional Indicators 3 endpoints

Central Bank Reserves - Domestic Currency

Reference information for Central Bank Reserves - Domestic Currency.

Monthly CNY tn PBoC
Data starts Pending
/api/v1/announcements/cny/cb_reserves_domestic_currency
Endpoint docs Indicator overview

Central Bank Reserves - Foreign Currency

Reference information for Central Bank Reserves - Foreign Currency.

Monthly USD bn PBoC
Data starts Pending
/api/v1/announcements/cny/cb_reserves_foreign_currency
Endpoint docs Indicator overview

Central Bank Reserves - Gold

Reference information for Central Bank Reserves - Gold.

Monthly USD bn PBoC
Data starts Pending
/api/v1/announcements/cny/cb_reserves_gold
Endpoint docs Indicator overview
People's Bank of China Press Releases

No press releases available.

Upcoming Releases

No upcoming releases.

CNY Quick Links
CNY source map
PBoC 11 series
NBS 6 series
Ministry of Finance 4 series
National Bureau of Statistics of China 2 series
ABS 2 series
SAFE 1 series
IMF International Financial Statistics 1 series
RBA 1 series
CNY Pairs

About the Chinese Yuan (CNY)

The Chinese yuan (CNY), also called the renminbi (RMB), is the official currency of mainland China. It trades onshore as CNY (within a daily band set by the People's Bank of China) and offshore as CNH in Hong Kong and other financial centres.

People's Bank of China: monetary policy framework

The People's Bank of China (PBoC) sets the daily USD/CNY mid-point fix and uses a range of policy tools — the medium-term lending facility (MLF) rate, reserve requirement ratio (RRR), open-market operations, and the loan prime rate (LPR) — to manage liquidity and credit conditions.

What moves the CNY?

  • PBoC daily USD/CNY mid-point fix and policy-tool announcements.
  • China NBS PMI, Caixin PMI, retail sales, and industrial production.
  • China property-sector data and credit aggregates (TSF, M2).
  • US-China yield differential and DXY moves.
  • Trade-balance data and capital-flow indicators.
  • Geopolitical and trade-policy news, particularly with the US.

Key data and events to watch

  • PBoC daily fix and LPR / MLF announcements.
  • Monthly NBS and Caixin PMIs.
  • Quarterly GDP and monthly activity data.
  • Total social financing and new yuan loans.
  • USD/CNH offshore as a real-time risk gauge.

Frequently asked questions about the Chinese Yuan

What is the difference between CNY and CNH?
CNY is the onshore yuan, traded within mainland China and constrained by a ±2% daily band around the PBoC's mid-point fix. CNH is the offshore yuan, traded mainly in Hong Kong with no daily band, and is the most accessible form of the renminbi for international investors.
Is the yuan a freely floating currency?
No. The PBoC sets a daily USD/CNY mid-point fix and limits onshore trading to a band around it. Capital-account restrictions also limit free convertibility. The currency operates under a managed-float regime.
What is the difference between yuan and renminbi?
'Renminbi' is the official name of the currency (literally 'people's currency'). 'Yuan' is the principal unit of denomination. The two terms are often used interchangeably.
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