ZCZC
BCN-21
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 7.0855 against USD Friday
BEIJING, Sept. 6, 2019 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 3 pips to 7.0855 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 100 708.55
Euro 100 784.11
Japanese yen 100 6.6456
Hong Kong dollar 100 90.403
British pound 100 876.92
Australian dollar 100 484.67
New Zealand dollar 100 453.37
Singapore dollar 100 513.91
Swiss franc 100 721.66
Canadian dollar 100 537.90
Malaysian ringgit 58.851 100
Ruble 928.48 100
Rand 209.05 100
Korean won 16,844 100
UAE dirham 51.618 100
Saudi riyal 52.718 100
Hungarian forint 4,198.94 100
Polish zloty 55.282 100
Danish krone 95.05 100
Swedish krona 136.14 100
Norwegian krone 126.63 100
Turkish lira 80.014 100
Mexican peso 277.09 100
Thai baht 431.02 100
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/1450