BEIJING, July 10 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 719.26
Euro 100 790.34
Japanese yen 100 5.0669
Hong Kong dollar 100 91.857
British pound 100 925.21
Australian dollar 100 481.98
New Zealand dollar 100 447.00
Singapore dollar 100 535.45
Swiss franc 100 810.74
Canadian dollar 100 543.06
Malaysian ringgit 64.758 100
Ruble 1,266.14 100
Rand 261.50 100
Korean won 18,048 100
UAE dirham 50.935 100
Saudi riyal 52.021 100
Hungarian forint 4,867.57 100
Polish zloty 56.335 100
Danish krone 94.24 100
Swedish krona 150.47 100
Norwegian krone 147.36 100
Turkish lira 361.655 100
Mexican peso 237.80 100
Thai baht 487.66 100
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.