ZCZC
BCN-38
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.6336 against USD Friday
BEIJING, July 6, 2018 (BSS/Xinhua) – The central parity rate of the Chinese
currency renminbi, or the yuan, weakened 156 basis points to 6.6336 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 100 663.36
Euro 100 775.58
Japanese yen 100 5.9973
Hong Kong dollar 100 84.525
British pound 100 877.19
Australian dollar 100 490.16
New Zealand dollar 100 450.87
Singapore dollar 100 486.17
Swiss franc 100 667.94
Canadian dollar 100 505.11
Malaysian ringgit 60.945 100
Ruble 952.23 100
Rand 204.19 100
Korean won 16,862 100
UAE dirham 55.371 100
Saudi riyal 56.536 100
Hungarian forint 4,172.00 100
Polish zloty 56.103 100
Danish krone 96.08 100
Swedish krona 132.18 100
Norwegian krone 121.50 100
Turkish lira 69.372 100
Mexican peso 289.98 100
Thai baht 500.39 100
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 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/1440