BEIJING, July 9 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 713.10
Euro 100 775.35
Japanese yen 100 4.4748
Hong Kong dollar 100 91.304
British pound 100 917.25
Australian dollar 100 483.54
New Zealand dollar 100 440.58
Singapore dollar 100 529.82
Swiss franc 100 796.59
Canadian dollar 100 525.70
Pataca 112.81 100
Malaysian ringgit 66.082 100
Ruble 1,215.67 100
Rand 253.39 100
Korean won 19,222 100
UAE dirham 51.352 100
Saudi riyal 52.442 100
Hungarian forint 5,109.97 100
Polish zloty 55.277 100
Danish krone 96.57 100
Swedish krona 147.62 100
Norwegian krone 148.13 100
Turkish lira 457.13 100
Mexican peso 252.62 100
Thai baht 506.51 100
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.