ZCZC
BCN-12
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.4064 against USD Monday
BEIJING, June 11, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 61 basis points to 6.4064
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 100 640.64
Euro 100 754.46
Japanese yen 100 5.8540
Hong Kong dollar 100 81.648
British pound 100 858.90
Australian dollar 100 486.53
New Zealand dollar 100 450.02
Singapore dollar 100 479.71
Swiss franc 100 650.30
Canadian dollar 100 493.68
Malaysian ringgit 62.225 100
Ruble 974.36 100
Rand 204.52 100
Korean won 16,774 100
UAE dirham 57.343 100
Saudi riyal 58.549 100
Hungarian forint 4,239.79 100
Polish zloty 56.705 100
Danish krone 98.73 100
Swedish krona 135.94 100
Norwegian krone 125.71 100
Turkish lira 69.894 100
Mexican peso 317.60 100
Thai baht 500.50 100
The central parity rate of the yuan against the Hong Kong dollar is based
on the central parity rate of the yuan against the U.S. dollar and the
exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in
international foreign exchange markets on the same business day.
The central parity rates of the yuan against the other 22 currencies are
based on the average prices offered by market makers before the opening of
the interbank foreign exchange market.
BSS/XINHUA/HR/1045