BEIJING, July 21 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 676.20
Euro 100 688.30
Japanese yen 100 4.884
Hong Kong dollar 100 86.144
British pound 100 809.20
Australian dollar 100 465.50
New Zealand dollar 100 420.85
Singapore dollar 100 485.20
Swiss franc 100 695.82
Canadian dollar 100 524.69
Malaysian ringgit 65.845 100
Ruble 805.61 100
Rand 253.56 100
Korean won 19,422 100
UAE dirham 54.328 100
Saudi riyal 55.576 100
Hungarian forint 5,788.20 100
Polish zloty 69.328 100
Danish krone 108.16 100
Swedish krona 151.62 100
Norwegian krone 147.49 100
Turkish lira 260.315 100
Mexican peso 304.06 100
Thai baht 543.01 100
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 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. ■