BEIJING, July 31 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 678.94
Euro 100 778.86
Japanese yen 100 4.2203
Hong Kong dollar 100 86.559
British pound 100 909.82
Australian dollar 100 474.41
New Zealand dollar 100 396.53
Singapore dollar 100 527.52
Swiss franc 100 838.87
Canadian dollar 100 482.06
Pataca 119.05 100
Malaysian ringgit 60.294 100
Ruble 1,181.37 100
Rand 243.99 100
Korean won 21,121 100
UAE dirham 54.404 100
Saudi riyal 55.618 100
Hungarian forint 4,651.08 100
Polish zloty 55.265 100
Danish krone 96.03 100
Swedish krona 141.22 100
Norwegian krone 141.17 100
Turkish lira 703.296 100
Mexican peso 256.30 100
Thai baht 494.76 100
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. ■
