The China Foreign Exchange Trade System published the following official central parity rates for major currencies against the yuan Friday:
China's markets were closed from Oct. 1 to Oct. 7 for the National Day holiday.
The daily central parity rate for the yuan versus the U.S. dollar is the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation.
In each daily trading session, the central bank allows the dollar-yuan rate to move no more than 0.5% above or below the central parity rate and the yuan/ringgit to move as much as 5% above or below the central parity rate. Other currency pairs are allowed to move as much as 3% above or below the central parity rate.
Friday Sept. 30
USD/RMB 6.6830 6.7011
HKD/RMB 0.86165 0.86349
JPY/RMB (per 100 yen) 8.1040 7.9999
EUR/RMB 10.6079 9.1329
GBP/RMB 9.2951 10.6018
RMB/MYR 0.46301 0.46127
China's markets were closed from Oct. 1 to Oct. 7 for the National Day holiday.
The daily central parity rate for the yuan versus the U.S. dollar is the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation.
In each daily trading session, the central bank allows the dollar-yuan rate to move no more than 0.5% above or below the central parity rate and the yuan/ringgit to move as much as 5% above or below the central parity rate. Other currency pairs are allowed to move as much as 3% above or below the central parity rate.