ZCZC
BCN-24
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 7.0349 against USD Wednesday
BEIJING, Nov. 27, 2019 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 5 pips to 7.0349 against the
U.S. dollar Wednesday, 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 Wednesday by
the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 703.49
Euro 100 775.28
Japanese yen 100 6.4499
Hong Kong dollar 100 89.852
British pound 100 904.82
Australian dollar 100 477.48
New Zealand dollar 100 452.21
Singapore dollar 100 515.58
Swiss franc 100 705.26
Canadian dollar 100 530.05
Malaysian ringgit 59.433 100
Ruble 909.48 100
Rand 210.26 100
Korean won 16,714 100
UAE dirham 52.21 100
Saudi riyal 53.307 100
Hungarian forint 4,332.73 100
Polish zloty 55.519 100
Danish krone 96.36 100
Swedish krona 136.27 100
Norwegian krone 130.31 100
Turkish lira 81.865 100
Mexican peso 277.44 100
Thai baht 429.56 100
BSS/XINHUA/HR/1310