ZCZC
BCN-26
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.8113 against USD Thursday
BEIJING, Aug. 30, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 41 basis points to 6.8113
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 100 681.13
Euro 100 797.59
Japanese yen 100 6.0998
Hong Kong dollar 100 86.784
British pound 100 887.90
Australian dollar 100 497.99
New Zealand dollar 100 457.10
Singapore dollar 100 499.35
Swiss franc 100 702.08
Canadian dollar 100 527.92
Malaysian ringgit 60.229 100
Ruble 996.81 100
Rand 210.65 100
Korean won 16,292 100
UAE dirham 53.911 100
Saudi riyal 55.053 100
Hungarian forint 4,081.29 100
Polish zloty 53.745 100
Danish krone 93.49 100
Swedish krona 134.07 100
Norwegian krone 122.27 100
Turkish lira 94.954 100
Mexican peso 277.96 100
Thai baht 479.58 100
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/1150