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HomeEconomicFinanceMarket exchange rates in China -- Sept. 12

Market exchange rates in China — Sept. 12

BEIJING, Sept. 12 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

   Currency            Unit        Central parity rate in yuan

   U.S. dollar         100                 719.86

   Euro                100                 779.52

   Japanese yen        100                 4.9573

   Hong Kong dollar    100                 91.894

   British pound       100                 907.06

   Australian dollar   100                 466.77

   New Zealand dollar  100                 430.00

   Singapore dollar    100                 533.36

   Swiss franc         100                 813.68

   Canadian dollar     100                 534.81

   Malaysian ringgit   65.003              100

   Ruble               1,322.05            100

   Rand                260.80              100

   Korean won          18,231              100

   UAE dirham          50.705              100

   Saudi riyal         51.777              100

   Hungarian forint    4,943.17            100

   Polish zloty        59.789              100

   Danish krone        95.62               100

   Swedish krona       152.87              100

   Norwegian krone     146.60              100

   Turkish lira        371.74              100

   Mexican peso        239.65              100

   Thai baht           487.87              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.  

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