BEIJING, July 6 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 680.66
Euro 100 777.08
Japanese yen 100 4.2084
Hong Kong dollar 100 86.781
British pound 100 907.05
Australian dollar 100 471.20
New Zealand dollar 100 387.27
Singapore dollar 100 525.92
Swiss franc 100 845.50
Canadian dollar 100 478.25
Pataca 118.75 100
Malaysian ringgit 59.882 100
Ruble 1,136.30 100
Rand 238.73 100
Korean won 22,527 100
UAE dirham 54.066 100
Saudi riyal 55.266 100
Hungarian forint 4,542.45 100
Polish zloty 55.184 100
Danish krone 96.19 100
Swedish krona 141.93 100
Norwegian krone 144.75 100
Turkish lira 688.979 100
Mexican peso 257.04 100
Thai baht 488.46 100
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. ■
