BEIJING, July 29 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 678.99
Euro 100 771.75
Japanese yen 100 4.1393
Hong Kong dollar 100 86.589
British pound 100 900.52
Australian dollar 100 472.69
New Zealand dollar 100 391.82
Singapore dollar 100 524.44
Swiss franc 100 827.29
Canadian dollar 100 480.34
Pataca 119.00 100
Malaysian ringgit 60.279 100
Ruble 1,161.07 100
Rand 246.41 100
Korean won 21,471 100
UAE dirham 54.208 100
Saudi riyal 55.404 100
Hungarian forint 4,666.51 100
Polish zloty 56.017 100
Danish krone 96.87 100
Swedish krona 143.09 100
Norwegian krone 142.94 100
Turkish lira 699.116 100
Mexican peso 257.10 100
Thai baht 495.45 100
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. ■
