BEIJING, July 3 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 713.12
Euro 100 769.39
Japanese yen 100 4.4552
Hong Kong dollar 100 91.278
British pound 100 908.31
Australian dollar 100 478.30
New Zealand dollar 100 436.97
Singapore dollar 100 527.35
Swiss franc 100 790.80
Canadian dollar 100 524.13
Pataca 112.92 100
Malaysian ringgit 66.24 100
Ruble 1,221.26 100
Rand 260.36 100
Korean won 19,275 100
UAE dirham 51.35 100
Saudi riyal 52.449 100
Hungarian forint 5,152.06 100
Polish zloty 56.252 100
Danish krone 97.28 100
Swedish krona 147.67 100
Norwegian krone 149.17 100
Turkish lira 454.881 100
Mexican peso 256.40 100
Thai baht 512.21 100
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.