ZCZC
BCN-27
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 6.8530 against USD Thursday
BEIJING, Sept. 20, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, strengthened 39 basis points to
6.8530 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 100 685.09
Euro 100 796.82
Japanese yen 100 6.1211
Hong Kong dollar 100 87.297
British pound 100 896.30
Australian dollar 100 490.07
New Zealand dollar 100 448.74
Singapore dollar 100 498.74
Swiss franc 100 708.90
Canadian dollar 100 525.60
Malaysian ringgit 60.369 100
Ruble 991.74 100
Rand 217.89 100
Korean won 16,335 100
UAE dirham 53.582 100
Saudi riyal 54.720 100
Hungarian forint 4,075.38 100
Polish zloty 54.024 100
Danish krone 93.61 100
Swedish krona 132.02 100
Norwegian krone 120.37 100
Turkish lira 89.825 100
Mexican peso 275.43 100
Thai baht 476.51 100
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/1200