The yuan (renminbi) operates under a managed float: the PBoC sets a daily reference rate and the currency trades within a band around it. CNY moves reflect Chinese growth data, trade flows, and policy choices as much as pure market forces.
| Currency code | CNY |
| Central bank | People's Bank of China (PBoC) |
| Region | China |
| Key drivers to watch | PBoC daily fixings, Chinese GDP and trade data, US-China relations |
| Tracked pairs | CNY/USD, CNY/EUR, CNY/GBP, CNY/JPY, CNY/CHF, CNY/AUD, CNY/CAD, CNY/INR, CNY/SGD, CNY/NZD, CNY/SEK |
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