ZCZC
BCN-20
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 7.0025 against USD Thursday
BEIJING, Dec. 19, 2019 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 56 pips to 7.0025 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 100 699.15
Euro 100 777.86
Japanese yen 100 6.3918
Hong Kong dollar 100 89.668
British pound 100 933.44
Australian dollar 100 480.68
New Zealand dollar 100 460.96
Singapore dollar 100 516.19
Swiss franc 100 710.67
Canadian dollar 100 530.40
Malaysian ringgit 59.163 100
Ruble 899.57 100
Rand 207.75 100
Korean won 16,796 100
UAE dirham 52.535 100
Saudi riyal 53.641 100
Hungarian forint 4,233.53 100
Polish zloty 54.91 100
Danish krone 96.07 100
Swedish krona 134.21 100
Norwegian krone 129.10 100
Turkish lira 83.092 100
Mexican peso 272.19 100
Thai baht 431.66 100
BSS/XINHUA/HR/1430