ZCZC
BCN-35
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.8571 against USD Wednesday
BEIJING, Sept. 26, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 131 basis points to 6.8571
against the U.S. dollar Wednesday, 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 Wednesday by
the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 685.71
Euro 100 806.58
Japanese yen 100 6.0694
Hong Kong dollar 100 87.756
British pound 100 903.85
Australian dollar 100 497.16
New Zealand dollar 100 455.53
Singapore dollar 100 502.12
Swiss franc 100 710.60
Canadian dollar 100 529.33
Malaysian ringgit 60.320 100
Ruble 958.97 100
Rand 209.16 100
Korean won 16,284 100
UAE dirham 53.557 100
Saudi riyal 54.688 100
Hungarian forint 4,017.74 100
Polish zloty 53.131 100
Danish krone 92.47 100
Swedish krona 128.53 100
Norwegian krone 118.59 100
Turkish lira 90.284 100
Mexican peso 276.92 100
Thai baht 472.38 100
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/1205