ZCZC
BCN-25
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 6.8362 against USD Friday
BEIJING, Sept. 14, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, strengthened 126 basis points to
6.8362 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 100 683.62
Euro 100 799.49
Japanese yen 100 6.1042
Hong Kong dollar 100 87.105
British pound 100 896.66
Australian dollar 100 491.65
New Zealand dollar 100 449.62
Singapore dollar 100 499.06
Swiss franc 100 707.83
Canadian dollar 100 525.93
Malaysian ringgit 60.587 100
Ruble 998.85 100
Rand 216.11 100
Korean won 16,389 100
UAE dirham 53.724 100
Saudi riyal 54.860 100
Hungarian forint 4,054.44 100
Polish zloty 53.845 100
Danish krone 93.31 100
Swedish krona 130.93 100
Norwegian krone 120.16 100
Turkish lira 89.747 100
Mexican peso 275.57 100
Thai baht 476.58 100
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/1030