BEIJING, July 12 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan U.S. dollar 100 713.15
Euro 100 777.26 Japanese yen 100 4.5253 Hong Kong dollar 100 91.339 British pound 100 923.24
Australian dollar 100 484.12 New Zealand dollar 100 436.55 Singapore dollar 100 531.98 Swiss franc 100 796.36 Canadian dollar 100 524.90 Pataca 112.81 100 Malaysian ringgit 65.646 100 Ruble 1,214.54 100 Rand 252.04 100 Korean won 19,118 100 UAE dirham 51.43 100 Saudi riyal 52.518 100 Hungarian forint 5,087.95 100 Polish zloty 55.083 100 Danish krone 96.40 100 Swedish krona 146.83 100 Norwegian krone 150.09 100 Turkish lira 461.373 100 Mexican peso 249.67 100 Thai baht 502.53 100 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.