What Is the CNY to INR Rate Today?

No platform covered here publishes full pricing for CNY, so the table lists the platforms whose own pages say they accept CNY, without a ranking. Fees were checked on 30 Sept 2026.

Chinese buyers can pay Indian exporters by SWIFT transfer, in US dollars or yuan as the contract states. China's State Administration of Foreign Exchange sets trade payment rules, so the payer's bank may ask for the contract or invoice. China is outside the Asian Clearing Union, so RBI rules allow receipt in any foreign currency.

A rate history is not shown for CNY because the European Central Bank does not publish a CNY reference rate, and this page does not mix sources in one chart. The Chinese yuan (renminbi) follows a managed floating exchange rate regime based on market supply and demand with reference to a basket of currencies, run by the People's Bank of China. The PBOC publishes a USD/CNY fixing rate daily. Because the regime is managed, the yuan does not float freely.

The rate feed is unavailable, so amounts are not shown.

CNY/INR has no futures market on Indian exchanges, since RBI's risk management directions allow only USD, EUR, GBP and JPY against INR there. Banks may price CNY/INR through the US dollar, combining two quotes, so the margin can be wider than for USD/INR. Invoicing in USD or CNY changes who bears that cost.

Search engines show the mid-market rate, the midpoint between buying and selling prices. A card rate is a bank's own rate for card transactions, and a TT buying rate is the rate a bank pays when it buys foreign currency received by wire. Both sit below the mid-market rate.

The Chinese yuan (renminbi) follows a managed floating exchange rate regime based on market supply and demand with reference to a basket of currencies, run by the People's Bank of China. The PBOC publishes a USD/CNY fixing rate daily. Because the regime is managed, the yuan does not float freely.

• Daily fixing: The PBOC publishes a daily USD/CNY fixing as the official reference for the yuan. Markets watch changes in the fixing as a guide to the yuan's direction.
• Interest rates: The People's Bank of China adjusts liquidity and rates through open market operations such as reverse repos. Easing in China relative to India tends to weigh on CNY/INR.
• Capital controls: China's State Administration of Foreign Exchange regulates cross-border receipts and payments. Changes to these rules affect how freely money moves in and out, and so the yuan's value.
• Trade balance: China's export earnings create steady demand for yuan. Shifts in global demand for Chinese goods, or tariffs on them, can move the yuan against the US dollar and through that against the rupee.
• USD/INR: Because CNY/INR is often derived through the US dollar, a move in USD/INR can pass directly into CNY/INR even when USD/CNY is steady.

Indian exporters receiving CNY can convert at spot, ask for a bank forward, place a target-rate order or hold yuan in an EEFC account. Spot is simplest because fewer AD banks may quote CNY/INR forwards than USD/INR, and no INR futures exist for the yuan. Holding CNY in EEFC delays conversion only until the end of the following month.

• Spot: Your AD bank converts the yuan at its current rate when the payment is credited. This is the usual route for CNY receipts.
• Forward: RBI's Master Direction on Risk Management and Inter-Bank Dealings lets AD banks offer forwards involving INR to retail users for hedging. Users can hedge contracted exposure up to USD 100 million equivalent across all AD banks without establishing the underlying, though a valid unhedged exposure must exist, and may freely cancel and rebook. Not every AD bank quotes CNY/INR forwards; check with your AD bank, or consider invoicing in USD if hedging matters.
• Limit order: Some AD banks accept an order to convert when a target rate is reached. Check with your AD bank whether this covers CNY.
• EEFC holding: RBI's Master Direction on Deposits and Accounts lets you credit 100% of foreign exchange earnings to an EEFC account. The account pays no interest. Each month's accruals must be converted to rupees by the end of the next month, after adjusting for approved uses or forward commitments.

• Invoice currency: Agree the invoice currency before work starts. A USD invoice moves the yuan conversion to the buyer's side; a CNY invoice puts it on yours.
• Compare mid-market: Check your AD bank's CNY/INR rate against the live mid-market rate on this page when converting. The gap is the bank's margin.
• Ask how it is priced: Ask your AD bank whether it quotes CNY/INR directly or through USD. A cross quote can carry two margins.
• Documents ready: Send the buyer a clear invoice and contract. Banks in China handle trade payments under SAFE rules, and missing papers can delay the remittance.

Compare platforms side by side on the compare page, or check every currency on the currency convertor.

• Feed: The rate feed is unavailable right now.
• Markup: Markup is the gap between a platform's rate and the mid-market rate, taken from each platform's own published pricing. GST of 18% applies to fees where the platform says so.
• Stale data: If the feed fails, the page shows no rate and pauses the calculator rather than showing an old rate as current.
• Method: The full formula is on the methodology page.

Rates come from the rate feed, dated when available. Platform pricing was checked on each platform's own pages on 30 Sept 2026 or later. Currency facts are linked to official sources below.

1. RBI Master Direction - Deposits and Accounts (updated September 02, 2026), para 3.1 EEFC Account, Para 3.1: 100 percent of foreign exchange earnings may be credited; non-interest bearing account; the sum total of accruals during a calendar month should be converted into Rupees on or before the last day of the succeeding calendar month after adjusting for utilization for approved purposes or forward commitments. (checked 8 Oct 2026)
2. RBI Master Direction - Risk Management and Inter-Bank Dealings (updated October 01, 2026), Para 2.2(ii): forwards may be offered to retail users; para 2.3(ii): deliverable derivatives involving INR for hedging; para 2.4(i): users may hedge contracted exposure up to USD 100 million equivalent across all ADs without establishing the underlying, but a valid unhedged exposure must exist; users may freely cancel and rebook. Section 3.2: exchange traded pairs are USD-INR, EUR-INR, GBP-INR, JPY-INR, EUR-USD, GBP-USD and USD-JPY. (checked 8 Oct 2026)
3. People's Bank of China: Exchange Rate Regime, China pursues a managed floating exchange rate regime based on market supply and demand with reference to a basket of currencies. (checked 8 Oct 2026)
4. People's Bank of China: Notice on USD/CNY Fixing Rate announcements, The USD/CNY Fixing Rate is updated daily on the PBOC home page; fixing rates against more currencies are on the China Foreign Exchange Trade System website. (checked 8 Oct 2026)
5. People's Bank of China: Announcements on Open Market Operations, Daily announcements of reverse repo operations (e.g. No.193 [2026], October 8, 2026). (checked 8 Oct 2026)
6. SAFE: Notice on Further Deepening Reforms and Facilitating Cross-Border Trade and Investment (2023), SAFE notice to its branches and banks on foreign exchange receipts and payments for trade; banks handle collections and payments after confirming the authenticity and reasonableness of the transactions. (checked 8 Oct 2026)
7. RBI: Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023 (amended up to February 12, 2025), Reg 3(2)(I)(a)(iii): receipt/payment for exports to countries other than member countries of ACU may be made in Indian Rupees or in any foreign currency. (checked 8 Oct 2026)
8. RBI A.P. (DIR Series) Circular No. 84 (2012), FETERS purpose codes for receipts, Annexure II lists receipt purpose codes for reporting forex transactions, e.g. P0802 Software consultancy/implementation. (checked 8 Oct 2026)