Monday, 7 May 2012
2012.05.07 03:17:30 China Yuan Official Central Parity Rates For Monday
The China Foreign Exchange Trade System published the following official central parity rates for major currencies against the yuan Monday:
Monday Friday
USD/CNY 6.2858 6.2721
HKD/CNY 0.80978 0.80831
JPY/CNY* 7.8686 7.8245
EUR/CNY 8.1574 8.2456
GBP/CNY 10.1352 10.1530
AUD/CNY 6.3622 6.4336
CAD/CNY 6.2990 6.3464
CNY/MYR 0.48782 0.48378
CNY/RUB 4.7345 4.6906
*per 100 yen
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 1% above or below the central parity rate, and the yuan/ringgit and yuan/ruble to move no more than 5%. It allows other currency pairs to move as much as 3% above or below the central parity rate.
Source: www.chinamoney.com.cn
-China Bureau, Dow Jones Newswires; 8621 6120-1200; djnews.shanghai@dowjones.com
(END) Dow Jones Newswires
May 06, 2012 21:17 ET (01:17 GMT)
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