ZCZC
BCN-25
C HINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 6.3962 against USD Thursday
BEIJING, June 14, 2017 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, strengthened 194 basis points to
6.3962 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 100 639.62
Euro 100 754.59
Japanese yen 100 5.8007
Hong Kong dollar 100 81.508
British pound 100 855.55
Australian dollar 100 483.92
New Zealand dollar 100 449.00
Singapore dollar 100 478.95
Swiss franc 100 649.28
Canadian dollar 100 492.76
Malaysian ringgit 62.470 100
Ruble 977.69 100
Rand 208.25 100
Korean won 16,941 100
UAE dirham 57.450 100
Saudi riyal 58.656 100
Hungarian forint 4,251.28 100
Polish zloty 56.697 100
Danish krone 98.77 100
Swedish krona 134.64 100
Norwegian krone 125.32 100
Turkish lira 72.900 100
Mexican peso 323.23 100
Thai baht 502.44 100
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/1335