ZCZC
BCN-31
CHINA-FOREIGN-EXCHANGE-RATE
Chinese yuan weakens to 6.8546 against USD Wednesday
BEIJING, Sept. 12, 2018 (BSS/Xinhua) – The central parity rate of the
Chinese currency renminbi, or the yuan, weakened 58 basis points to 6.8546
against the U.S. dollar Wednesday, 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 Wednesday by
the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 685.46
Euro 100 794.82
Japanese yen 100 6.1425
Hong Kong dollar 100 87.326
British pound 100 892.43
Australian dollar 100 487.74
New Zealand dollar 100 446.75
Singapore dollar 100 498.32
Swiss franc 100 704.70
Canadian dollar 100 525.08
Malaysian ringgit 60.488 100
Ruble 1,012.12 100
Rand 219.81 100
Korean won 16,404 100
UAE dirham 53.593 100
Saudi riyal 54.728 100
Hungarian forint 4,083.38 100
Polish zloty 54.149 100
Danish krone 93.84 100
Swedish krona 132.00 100
Norwegian krone 121.44 100
Turkish lira 93.907 100
Mexican peso 280.03 100
Thai baht 478.17 100
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/1125