ZCZC
BCN-17
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 7.0253 against USD Thursday
BEIJING, Dec. 12, 2019 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, strengthened 132 pips to 7.0253
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 100 702.53
Euro 100 782.17
Japanese yen 100 6.4731
Hong Kong dollar 100 89.962
British pound 100 927.29
Australian dollar 100 482.54
New Zealand dollar 100 462.23
Singapore dollar 100 517.80
Swiss franc 100 715.02
Canadian dollar 100 533.26
Malaysian ringgit 59.184 100
Ruble 900.31 100
Rand 208.99 100
Korean won 16,942 100
UAE dirham 52.289 100
Saudi riyal 53.389 100
Hungarian forint 4,221.34 100
Polish zloty 54.766 100
Danish krone 95.56 100
Swedish krona 133.63 100
Norwegian krone 129.67 100
Turkish lira 82.624 100
Mexican peso 272.11 100
Thai baht 430.37 100
BSS/XINHUA/HR/1440