BEIJING, Aug. 8 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 715.65
Euro 100 789.33
Japanese yen 100 5.0443
Hong Kong dollar 100 91.663
British pound 100 917.36
Australian dollar 100 472.18
New Zealand dollar 100 438.88
Singapore dollar 100 535.70
Swiss franc 100 822.40
Canadian dollar 100 537.28
Malaysian ringgit 63.599 100
Ruble 1,329.31 100
Rand 260.70 100
Korean won 18,184 100
UAE dirham 51.185 100
Saudi riyal 52.282 100
Hungarian forint 4,924.78 100
Polish zloty 56.067 100
Danish krone 94.27 100
Swedish krona 147.43 100
Norwegian krone 141.30 100
Turkish lira 376.555 100
Mexican peso 237.96 100
Thai baht 484.87 100
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.