ZCZC
BCN-17
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 6.8635 against USD Friday
BEIJING, July 19, 2019 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, strengthened 126 basis points to
6.8635 against the U.S. dollar Friday, 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 24 major currencies announced on Friday by the
China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 686.35
Euro 100 772.72
Japanese yen 100 6.3894
Hong Kong dollar 100 87.844
British pound 100 860.66
Australian dollar 100 484.83
New Zealand dollar 100 464.96
Singapore dollar 100 505.71
Swiss franc 100 698.44
Canadian dollar 100 526.43
Malaysian ringgit 59.912 100
Ruble 915.02 100
Rand 201.99 100
Korean won 17,107 100
UAE dirham 53.524 100
Saudi riyal 54.655 100
Hungarian forint 4,216.21 100
Polish zloty 55.063 100
Danish krone 96.63 100
Swedish krona 135.80 100
Norwegian krone 124.57 100
Turkish lira 81.950 100
Mexican peso 276.45 100
Thai baht 448.75 100
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 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 22 currencies are
based on the average prices offered by market makers before the opening of
the interbank foreign exchange market.
BSS/XINHUA/HR/1150