BEIJING, July 26 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 712.95
Euro 100 788.50
Japanese yen 100 5.0629
Hong Kong dollar 100 91.292
British pound 100 920.05
Australian dollar 100 484.28
New Zealand dollar 100 443.59
Singapore dollar 100 537.33
Swiss franc 100 825.35
Canadian dollar 100 541.09
Malaysian ringgit 63.95 100
Ruble 1,265.70 100
Rand 246.10 100
Korean won 17,880 100
UAE dirham 51.475 100
Saudi riyal 52.567 100
Hungarian forint 4,817.74 100
Polish zloty 56.221 100
Danish krone 94.50 100
Swedish krona 145.37 100
Norwegian krone 141.17 100
Turkish lira 377.418 100
Mexican peso 237.47 100
Thai baht 482.85 100
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