ZCZC
BCN-28
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.7066 against USD Thursday
BEIJING, July 19, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 152 basis points to 6.7066
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:
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 100 670.66
Euro 100 780.90
Japanese yen 100 5.9466
Hong Kong dollar 100 85.446
British pound 100 876.95
Australian dollar 100 496.25
New Zealand dollar 100 455.65
Singapore dollar 100 491.32
Swiss franc 100 671.58
Canadian dollar 100 509.40
Malaysian ringgit 60.498 100
Ruble 938.99 100
Rand 197.98 100
Korean won 16,853 100
UAE dirham 54.765 100
Saudi riyal 55.919 100
Hungarian forint 4,150.14 100
Polish zloty 55.174 100
Danish krone 95.42 100
Swedish krona 132.13 100
Norwegian krone 121.82 100
Turkish lira 71.525 100
Mexican peso 281.80 100
Thai baht 496.61 100
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/AFP/HR/1245