ZCZC
BCN-07
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.6162 against USD Monday
BEIJING, Dec. 18, 2017 (BSS/Xinhua) – The central parity rate of the Chinese
currency renminbi, or the yuan, weakened 49 basis points to 6.6162 against
the U.S. dollar Monday, according to the China Foreign Exchange Trade System.
In China’s spot foreign exchange market, the yuan is allowed to rise or
fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a
weighted average of prices offered by market makers before the opening of the
interbank market each business day.
The following are the central parity rates of the Chinese currency
renminbi, or the yuan, against 23 major currencies announced on Monday by the
China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 661.62
Euro 100 777.07
Japanese yen 100 5.8713
Hong Kong dollar 100 84.691
British pound 100 881.09
Australian dollar 100 505.95
New Zealand dollar 100 463.13
Singapore dollar 100 490.30
Swiss franc 100 667.64
Canadian dollar 100 514.03
Malaysian ringgit 61.680 100
Ruble 889.31 100
Rand 197.82 100
Korean won 16,469 100
UAE dirham 55.515 100
Saudi riyal 56.685 100
Hungarian forint 4,041.38 100
Polish zloty 54.186 100
Danish krone 95.79 100
Swedish krona 128.60 100
Norwegian krone 126.79 100
Turkish lira 58.316 100
Mexican peso 288.99 100
The central parity rate of the yuan against the Hong Kong dollar is based
on the central parity rate of the yuan against the U.S. dollar and the
exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in
international foreign exchange markets on the same business day.
The central parity rates of the yuan against the other 21 currencies are
based on the average prices offered by market makers before the opening of
the interbank foreign exchange market.
BSS/XINHUA/HR/1100