BEIJING, July 2 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 712.91
Euro 100 768.92
Japanese yen 100 4.4587
Hong Kong dollar 100 91.267
British pound 100 905.82
Australian dollar 100 477.79
New Zealand dollar 100 436.30
Singapore dollar 100 527.03
Swiss franc 100 792.09
Canadian dollar 100 522.37
Pataca 112.93 100
Malaysian ringgit 66.156 100
Ruble 1,207.04 100
Rand 256.47 100
Korean won 19,216 100
UAE dirham 51.326 100
Saudi riyal 52.425 100
Hungarian forint 5,155.36 100
Polish zloty 56.387 100
Danish krone 97.38 100
Swedish krona 148.06 100
Norwegian krone 148.99 100
Turkish lira 455.935 100
Mexican peso 258.01 100
Thai baht 510.64 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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. ■
