The Chinese yuan traded higher against the U.S. dollar in Asian deals on Monday, as much stronger than expected U.S. jobs data for October and renewed optimism about a U.S.-China trade deal improved sentiment.

The yuan advanced to 7.02 against the greenback, its highest since August 15. The yuan is seen finding resistance around the 6.8 mark.

The People's Bank of China set today's central parity rate of the yuan at 7.0382 per dollar, compared to Friday's rate of 7.0437. The Chinese central bank sets central parity rate every morning and allows the yuan to fluctuate up to 2 percent from that level.

US Dollar vs CNY (FX:USDCNY)
Gráfica de Divisa
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas US Dollar vs CNY.
US Dollar vs CNY (FX:USDCNY)
Gráfica de Divisa
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas US Dollar vs CNY.