BEIJING, July 3 (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 100 721.57
Euro 100 789.92
Japanese yen 100 5.0171
Hong Kong dollar 100 92.065
British pound 100 919.65
Australian dollar 100 482.31
New Zealand dollar 100 444.18
Singapore dollar 100 535.46
Swiss franc 100 809.18
Canadian dollar 100 546.85
Malaysian ringgit 64.398 100
Ruble 1,220.72 100
Rand 260.17 100
Korean won 18,157 100
UAE dirham 50.683 100
Saudi riyal 51.761 100
Hungarian forint 4,712.64 100
Polish zloty 56.105 100
Danish krone 94.21 100
Swedish krona 148.99 100
Norwegian krone 148.40 100
Turkish lira 359.272 100
Mexican peso 236.37 100
Thai baht 487.39 100
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.