BEIJING, Aug. 5 (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 100 713.45 Euro 100 778.89 Japanese yen 100 4.9003 Hong Kong dollar 100 91.737 British pound 100 912.61 Australian dollar 100 463.89 New Zealand dollar 100 424.83 Singapore dollar 100 537.98 Swiss franc 100 832.66 Canadian dollar 100 514.49 Pataca 112.64 100 Malaysian ringgit 62.551 100 Ruble 1,198.14 100 Rand 256.67 100 Korean won 19,075 100 UAE dirham 51.487 100 Saudi riyal 52.609 100 Hungarian forint 5,115.92 100 Polish zloty 55.201 100 Danish krone 96.01 100 Swedish krona 148.26 100 Norwegian krone 153.48 100 Turkish lira 465.732 100 Mexican peso 272.13 100 Thai baht 494.94 100 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.