ZCZC
BCN-17
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 7.0306 against USD Friday
BEIJING, Nov. 22, 2019 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 89 pips to 7.0306 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 100 703.06
Euro 100 777.87
Japanese yen 100 6.4747
Hong Kong dollar 100 89.864
British pound 100 908.37
Australian dollar 100 477.30
New Zealand dollar 100 450.24
Singapore dollar 100 516.07
Swiss franc 100 708.25
Canadian dollar 100 529.57
Malaysian ringgit 59.27 100
Ruble 905.89 100
Rand 208.76 100
Korean won 16,733 100
UAE dirham 52.227 100
Saudi riyal 53.311 100
Hungarian forint 4,298.93 100
Polish zloty 55.228 100
Danish krone 96.04 100
Swedish krona 136.81 100
Norwegian krone 130.09 100
Turkish lira 81.026 100
Mexican peso 275.65 100
Thai baht 429.64 100
BSS/XINHUA/HR/1420