BEIJING, Aug. 9 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 715.88
Euro 100 789.84
Japanese yen 100 5.0389
Hong Kong dollar 100 91.613
British pound 100 918.87
Australian dollar 100 471.72
New Zealand dollar 100 437.34
Singapore dollar 100 535.20
Swiss franc 100 823.49
Canadian dollar 100 537.64
Malaysian ringgit 63.653 100
Ruble 1,341.44 100
Rand 262.42 100
Korean won 18,241 100
UAE dirham 50.932 100
Saudi riyal 52.027 100
Hungarian forint 4,936.07 100
Polish zloty 56.45 100
Danish krone 94.21 100
Swedish krona 148.55 100
Norwegian krone 142.31 100
Turkish lira 375.156 100
Mexican peso 237.40 100
Thai baht 485.07 100
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.