ZCZC
BCN-23
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 7.0690 against USD Friday
BEIJING, Oct. 18, 2019 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, strengthened 99 pips to 7.0690
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 100 706.90
Euro 100 786.25
Japanese yen 100 6.5081
Hong Kong dollar 100 90.136
British pound 100 909.52
Australian dollar 100 482.38
New Zealand dollar 100 448.85
Singapore dollar 100 517.89
Swiss franc 100 715.70
Canadian dollar 100 538.03
Malaysian ringgit 59.133 100
Ruble 906.19 100
Rand 209.83 100
Korean won 16,695 100
UAE dirham 51.975 100
Saudi riyal 53.074 100
Hungarian forint 4,212.75 100
Polish zloty 54.498 100
Danish krone 95.03 100
Swedish krona 137.38 100
Norwegian krone 129.94 100
Turkish lira 82.331 100
Mexican peso 271.58 100
Thai baht 428.77 100
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/1420