This report provides the real-time exchange rate between the Chinese Yuan (CNY) and Pakistani Rupee (PKR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Chinese Yuan (CNY) is one of the world’s major fiat currencies and a key player in global trade and finance, while the Pakistani Rupee (PKR) serves as the official currency of Pakistan. The exchange rate between them reflects market sentiment regarding currency valuations and cross-border economic activity between the two nations.
Today’s Price
1 CNY = 40.16 PKR
24h High: 40.2047 PKR
24h Low: 39.9603 PKR
Current Rate: 39.9658 PKR
Market Analysis
The CNY/PKR exchange rate has demonstrated modest volatility over the past 24 hours, trading within a relatively tight range of approximately 0.24 PKR between the daily high and low points.
Technical levels: Key support near 39.96 PKR, resistance at 40.20 PKR
Risk note: Continued volatility may be expected given the narrow trading band
Trading opportunities: Monitor price action around the 40.00 PKR psychological level for potential entry and exit points
Conclusion
Continue to monitor the CNY/PKR pair closely, integrating regional economic developments and currency market trends. Traders should remain attentive to price movements within the established support and resistance zones for tactical trading opportunities.
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Today's CNY to PKR Price Update
Summary
This report provides the real-time exchange rate between the Chinese Yuan (CNY) and Pakistani Rupee (PKR), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Definition
The Chinese Yuan (CNY) is one of the world’s major fiat currencies and a key player in global trade and finance, while the Pakistani Rupee (PKR) serves as the official currency of Pakistan. The exchange rate between them reflects market sentiment regarding currency valuations and cross-border economic activity between the two nations.
Today’s Price
Market Analysis
The CNY/PKR exchange rate has demonstrated modest volatility over the past 24 hours, trading within a relatively tight range of approximately 0.24 PKR between the daily high and low points.
Conclusion
Continue to monitor the CNY/PKR pair closely, integrating regional economic developments and currency market trends. Traders should remain attentive to price movements within the established support and resistance zones for tactical trading opportunities.