Yuan per US dollar (USD/CNY), from the Federal Reserve Board H.10 release, each business day. Higher means a weaker yuan.
Why: Yuan exchange rate proxies Chinese monetary conditions. Quoted as yuan per dollar, so a higher value means a weaker yuan.
Category: macro. Macro economic indicators track monetary policy, liquidity conditions, and traditional market positioning.
Source: Federal Reserve Board (H.10). Updated: Weekly, each H.10 release.
API: GET /api/metrics/cny-usd
Used in briefings: FX Liquidity
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