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Chinese Yuan and US Dollar exchange rate (CNY/USD) to surpass 7.82 in 2024?

Market Rules

This market will resolve as "Yes" if the exchange rate between the US dollar (USD) and the Chinese Yuan (CNY) reaches 7.82 CNY/USD or more at any point in 2024, according to the official daily exchange rates published by the People's Bank of China (PBOC).

For purposes of this market:

    • The official exchange rate must be published by the PBOC and must show that 1 USD is equal to or greater than 7.82 CNY on any given day within the specified period.
    • If the PBOC's exchange rate data is unavailable, the market will use the daily exchange rate data from the Bank for International Settlements (BIS) as a secondary source.

Subsequent corrections or revisions to the exchange rate data published by the PBOC or BIS after the market's closure will not impact the resolution.

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