BEIJING, Aug. 2 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 713.68
Euro 100 788.35
Japanese yen 100 5.0167
Hong Kong dollar 100 91.563
British pound 100 916.13
Australian dollar 100 473.96
New Zealand dollar 100 439.80
Singapore dollar 100 536.64
Swiss franc 100 821.06
Canadian dollar 100 539.95
Malaysian ringgit 63.216 100
Ruble 1,285.75 100
Rand 255.25 100
Korean won 17,950 100
UAE dirham 51.28 100
Saudi riyal 52.386 100
Hungarian forint 4,928.48 100
Polish zloty 56.397 100
Danish krone 94.44 100
Swedish krona 147.51 100
Norwegian krone 141.86 100
Turkish lira 376.675 100
Mexican peso 235.56 100
Thai baht 478.67 100
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 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.