Today's CNY to INR Price Update

Summary

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

Definition

The Chinese Yuan (CNY) is a major fiat currency issued by the People’s Bank of China, while the Indian Rupee (INR) is the official currency of India. The exchange rate between them reflects bilateral trade flows, monetary policy divergence, and investor confidence in both economies’ macroeconomic fundamentals.

Today’s Price

• 1 CNY = 12.83 INR
• 24h High: 12.8692 INR
• 24h Low: 12.7721 INR

Market Analysis

Recent CNY/INR price movements indicate a stabilizing market structure. Technical analysis suggests long-term bullish potential for the Indian Rupee, with the pair breaking through a bearish trend line that had persisted from May 2014 through December 2015, potentially marking a bottom formation.

• Technical levels: Key support and resistance zones are being monitored through moving averages and pivot points for precise entry and exit strategies
• Risk note: Short-term volatility remains present; traders should observe key technical turning points before committing to positions
• Trading opportunities: Current market conditions suggest a hold stance, with potential entry points emerging as the pair consolidates near support levels

Conclusion

Continue to monitor the CNY/INR pair closely, integrating technical indicators and support/resistance levels into your trading framework. For traders seeking entry opportunities, focus on key turning points and moving average interactions to optimize risk-reward ratios.