ZCZC
BCN-12
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 7.0262 against USD Monday
BEIJING, Dec. 2, 2019 (BSS/Xinhua) – The central parity rate of the Chinese
currency renminbi, or the yuan, strengthened 36 pips to 7.0262 against the
U.S. dollar Monday, 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 Monday by the
China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 702.62
Euro 100 774.17
Japanese yen 100 6.4139
Hong Kong dollar 100 89.761
British pound 100 907.27
Australian dollar 100 475.28
New Zealand dollar 100 451.74
Singapore dollar 100 513.76
Swiss franc 100 702.45
Canadian dollar 100 528.81
Malaysian ringgit 59.449 100
Ruble 914.84 100
Rand 208.51 100
Korean won 16,793 100
UAE dirham 52.272 100
Saudi riyal 53.37 100
Hungarian forint 4,322.87 100
Polish zloty 55.701 100
Danish krone 96.52 100
Swedish krona 136.24 100
Norwegian krone 131.15 100
Turkish lira 81.835 100
Mexican peso 278.11 100
Thai baht 430.04 100
BSS/AFP/HR/1240