ZCZC
BCN-21
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan strengthens to 6.8212 against USD Friday
BEIJING, Sept. 7, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, strengthened 5 basis points to 6.8212
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 100 682.12
Euro 100 792.95
Japanese yen 100 6.1723
Hong Kong dollar 100 86.898
British pound 100 882.00
Australian dollar 100 490.74
New Zealand dollar 100 449.20
Singapore dollar 100 496.44
Swiss franc 100 706.98
Canadian dollar 100 518.86
Malaysian ringgit 60.734 100
Ruble 1,013.56 100
Rand 224.57 100
Korean won 16,462 100
UAE dirham 53.828 100
Saudi riyal 54.971 100
Hungarian forint 4,111.41 100
Polish zloty 54.528 100
Danish krone 94.05 100
Swedish krona 133.51 100
Norwegian krone 123.40 100
Turkish lira 96.475 100
Mexican peso 281.93 100
Thai baht 480.33 100
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/1210