ZCZC
BCN-01
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.8131 against USD Monday
BEIJING, July 30, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 189 basis points to 6.8131
against the U.S. dollar Monday, 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 Monday by the
China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 681.31
Euro 100 794.86
Japanese yen 100 6.1438
Hong Kong dollar 100 86.812
British pound 100 893.81
Australian dollar 100 504.59
New Zealand dollar 100 463.33
Singapore dollar 100 500.61
Swiss franc 100 685.77
Canadian dollar 100 521.91
Malaysian ringgit 59.559 100
Ruble 921.23 100
Rand 193.41 100
Korean won 16,374 100
UAE dirham 53.881 100
Saudi riyal 55.012 100
Hungarian forint 4,057.14 100
Polish zloty 53.902 100
Danish krone 93.70 100
Swedish krona 129.55 100
Norwegian krone 120.10 100
Turkish lira 71.231 100
Mexican peso 273.14 100
Thai baht 489.44 100
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/0925