ZCZC
BCN-28
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.8317 against USD Thursday
BEIJING, Aug. 9, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 4 basis points to 6.8317
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 100 683.17
Euro 100 793.23
Japanese yen 100 6.1615
Hong Kong dollar 100 87.037
British pound 100 879.97
Australian dollar 100 507.62
New Zealand dollar 100 457.79
Singapore dollar 100 501.25
Swiss franc 100 687.97
Canadian dollar 100 524.80
Malaysian ringgit 59.623 100
Ruble 959.47 100
Rand 196.21 100
Korean won 16,388 100
UAE dirham 53.755 100
Saudi riyal 54.888 100
Hungarian forint 4,026.86 100
Polish zloty 53.755 100
Danish krone 93.97 100
Swedish krona 131.03 100
Norwegian krone 120.27 100
Turkish lira 77.594 100
Mexican peso 270.29 100
Thai baht 486.00 100
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/1150