ZCZC
BCN-23
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.6166 against USD Friday
BEIJING, June 29, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 206 basis points to 6.6166
against the U.S. dollar Friday, 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 Friday by the
China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 661.66
Euro 100 765.15
Japanese yen 100 5.9914
Hong Kong dollar 100 84.310
British pound 100 865.51
Australian dollar 100 486.33
New Zealand dollar 100 447.04
Singapore dollar 100 483.86
Swiss franc 100 663.50
Canadian dollar 100 499.47
Malaysian ringgit 61.075 100
Ruble 948.94 100
Rand 208.22 100
Korean won 16,940 100
UAE dirham 55.494 100
Saudi riyal 56.661 100
Hungarian forint 4,289.43 100
Polish zloty 56.981 100
Danish krone 97.37 100
Swedish krona 136.47 100
Norwegian krone 123.73 100
Turkish lira 69.387 100
Mexican peso 298.26 100
Thai baht 500.54 100
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/1130