ZCZC
BCN-21
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 6.9392 against USD Thursday
BEIJING, Nov. 15, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, strengthened 10 basis points to
6.9392 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 100 693.92
Euro 100 785.35
Japanese yen 100 6.1084
Hong Kong dollar 100 88.632
British pound 100 901.86
Australian dollar 100 502.00
New Zealand dollar 100 471.38
Singapore dollar 100 503.34
Swiss franc 100 689.85
Canadian dollar 100 524.11
Malaysian ringgit 60.434 100
Ruble 966.64 100
Rand 206.88 100
Korean won 16,325 100
UAE dirham 52.933 100
Saudi riyal 54.071 100
Hungarian forint 4,105.72 100
Polish zloty 54.707 100
Danish krone 95.03 100
Swedish krona 130.85 100
Norwegian krone 122.56 100
Turkish lira 78.719 100
Mexican peso 294.05 100
Thai baht 474.59 100
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/1240