ZCZC
BCN-06
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.8389 against USD Monday
BEIJING, Sept. 10, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 177 basis points to 6.8389
against the U.S. dollar Monday, 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 Monday by the
China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 683.89
Euro 100 790.59
Japanese yen 100 6.1671
Hong Kong dollar 100 87.124
British pound 100 884.52
Australian dollar 100 486.70
New Zealand dollar 100 447.03
Singapore dollar 100 496.29
Swiss franc 100 706.35
Canadian dollar 100 519.47
Malaysian ringgit 60.604 100
Ruble 1,020.52 100
Rand 223.01 100
Korean won 16,454 100
UAE dirham 53.685 100
Saudi riyal 54.822 100
Hungarian forint 4,115.02 100
Polish zloty 54.534 100
Danish krone 94.33 100
Swedish krona 132.26 100
Norwegian krone 123.36 100
Turkish lira 93.823 100
Mexican peso 282.44 100
Thai baht 479.59 100
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/0935