BEIJING, July 15 (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 100 714.98
Euro 100 835.34
Japanese yen 100 4.8468
Hong Kong dollar 100 91.081
British pound 100 962.12
Australian dollar 100 468.79
New Zealand dollar 100 428.08
Singapore dollar 100 558.38
Swiss franc 100 897.68
Canadian dollar 100 522.64
Pataca 113.14 100
Malaysian ringgit 59.41 100
Ruble 1,088.46 100
Rand 250.06 100
Korean won 19,298 100
UAE dirham 51.284 100
Saudi riyal 52.367 100
Hungarian forint 4,787.01 100
Polish zloty 50.951 100
Danish krone 89.28 100
Swedish krona 134.20 100
Norwegian krone 141.36 100
Turkish lira 561.593 100
Mexican peso 261.91 100
Thai baht 452.87 100
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. ■
