BEIJING, July 22 (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 100 713.35 Euro 100 780.87 Japanese yen 100 4.5666 Hong Kong dollar 100 91.333 British pound 100 926.79 Australian dollar 100 480.73 New Zealand dollar 100 432.92 Singapore dollar 100 532.47 Swiss franc 100 805.64 Canadian dollar 100 523.33 Pataca 112.83 100 Malaysian ringgit 65.689 100 Ruble 1,221.11 100 Rand 254.74 100 Korean won 19,277 100 UAE dirham 51.301 100 Saudi riyal 52.387 100 Hungarian forint 5,024.30 100 Polish zloty 55.143 100 Danish krone 95.85 100 Swedish krona 148.48 100 Norwegian krone 151.73 100 Turkish lira 461.948 100 Mexican peso 252.33 100 Thai baht 504.22 100 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.