Today's CNY to PKR Price Update

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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

  • 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.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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