ZCZC
BCN-35
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 6.7942 against USD Thursday
BEIJING, Aug. 2, 2018 (BSS/Xinhua) – The central parity rate of the Chinese
currency renminbi, or the yuan, strengthened 351 basis points to 6.7942
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 100 679.42
Euro 100 792.50
Japanese yen 100 6.0857
Hong Kong dollar 100 86.566
British pound 100 891.79
Australian dollar 100 503.13
New Zealand dollar 100 461.58
Singapore dollar 100 498.95
Swiss franc 100 685.14
Canadian dollar 100 522.75
Malaysian ringgit 59.841 100
Ruble 925.64 100
Rand 194.55 100
Korean won 16,463 100
UAE dirham 54.062 100
Saudi riyal 55.200 100
Hungarian forint 4,047.86 100
Polish zloty 53.769 100
Danish krone 94.04 100
Swedish krona 129.59 100
Norwegian krone 120.33 100
Turkish lira 73.449 100
Mexican peso 273.59 100
Thai baht 487.53 100
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/1215