CNY/INR: what to know
The CNY/INR rate shows how much INR you get for 1 CNY. Right now, 1 CNY buys 14.1866 INR at the mid-market rate. In the other direction, 1 INR is worth 0.0705 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while INR responds to oil prices and capital flows.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the CNY/INR rate has ranged between 12.3266 and 14.3034 — a change of +13.69% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.