CNHIDR Price, Chart, Live Rate and Forecast -Markets.com

CNHIDR

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Analysis and statistics

Open
2620.3749$
Previous Close
2619.3442$
52 Week Change
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Day Range
1.03$
52 Week High/Low
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Dividend Per Share
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Market cap
--$
EPS
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Beta
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Volume
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About

CNHIDR.FOREX represents the exchange rate between the Chinese Yuan (CNH) and the Indonesian Rupiah (IDR) in the foreign exchange market. It indicates the amount of Indonesian Rupiah one can obtain for one Chinese Yuan, reflecting the relative value of the two currencies. Fluctuations in this exchange rate are influenced by various factors including economic indicators, interest rate differentials, political stability, and global market sentiment affecting either the Chinese or Indonesian economy.

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Factors

Economic growth: Stronger Chinese growth can boost CNH; stronger Indonesian growth can boost IDR, affecting the pair's price.

Interest rates: Higher Chinese interest rates may strengthen CNH; higher Indonesian rates may strengthen IDR.

Inflation: Higher Chinese inflation can weaken CNH; higher Indonesian inflation can weaken IDR.

Trade balance: A Chinese trade surplus can strengthen CNH; an Indonesian surplus can strengthen IDR.

Government policy: Chinese or Indonesian policies impacting currency flows can affect the pair.

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