ZCZC
BCN-21
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 7.0732 against USD Thursday
BEIJING, Sept. 19, 2019 (BSS/Xinhua) — The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 4 pips to 7.0732 against the
U.S. dollar Thursday, 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 Thursday by
the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 707.32
Euro 100 781.32
Japanese yen 100 6.5373
Hong Kong dollar 100 90.33
British pound 100 883.68
Australian dollar 100 483.62
New Zealand dollar 100 447.82
Singapore dollar 100 514.76
Swiss franc 100 710.58
Canadian dollar 100 532.97
Malaysian ringgit 59.073 100
Ruble 906.13 100
Rand 207.31 100
Korean won 16,820 100
UAE dirham 51.826 100
Saudi riyal 52.927 100
Hungarian forint 4,258.82 100
Polish zloty 55.496 100
Danish krone 95.55 100
Swedish krona 137.19 100
Norwegian krone 126.28 100
Turkish lira 80.147 100
Mexican peso 273.84 100
Thai baht 431.15 100
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/1400