Today's INR to CNY Price Update

Summary

This report provides the real-time exchange rate between the Indian Rupee (INR) and Chinese Yuan (CNY), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Indian Rupee (INR) and Chinese Yuan (CNY) are major fiat currencies representing two of Asia’s largest economies. The exchange rate between them reflects market sentiment regarding the relative economic strength and monetary policies of India and China, as well as bilateral trade dynamics between the two nations.

Today’s Price

• 1 INR = 0.0759 CNY
• 24h High: 0.076165 CNY
• 24h Low: 0.076128 CNY

Market Analysis

Recent INR/CNY price movements reflect the ongoing dynamics between the Indian and Chinese currency markets. Technical indicators suggest neutral conditions in the near term.

• Technical indicators: The 14-day RSI reading stands at 38.31, indicating neutral conditions with room for directional movement
• Volatility: 30-day volatility has been measured at 0.46%, suggesting relatively stable trading conditions
• Risk note: Currency pairs involving emerging market currencies may experience sudden shifts due to policy announcements or macroeconomic data releases from either central bank

Conclusion

Continue to monitor the INR/CNY pair closely, integrating technical analysis with macroeconomic developments from both India and China. Traders should remain alert to monetary policy shifts and bilateral trade-related announcements that could impact the exchange rate.