BEIJING, Aug. 1 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 713.23
Euro 100 773.59
Japanese yen 100 4.7699
Hong Kong dollar 100 91.283
British pound 100 918.09
Australian dollar 100 467.96
New Zealand dollar 100 426.20
Singapore dollar 100 534.16
Swiss franc 100 812.43
Canadian dollar 100 517.70
Pataca 112.89 100
Malaysian ringgit 64.168 100
Ruble 1,202.07 100
Rand 255.19 100
Korean won 19,110 100
UAE dirham 51.447 100
Saudi riyal 52.554 100
Hungarian forint 5,107.04 100
Polish zloty 55.62 100
Danish krone 96.76 100
Swedish krona 149.75 100
Norwegian krone 152.81 100
Turkish lira 464.457 100
Mexican peso 261.67 100
Thai baht 495.86 100
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. ■
