BEIJING, July 20 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 676.71
Euro 100 787.59
Japanese yen 100 6.0181
Hong Kong dollar 100 86.213
British pound 100 881.02
Australian dollar 100 497.87
New Zealand dollar 100 456.42
Singapore dollar 100 494.19
Swiss franc 100 677.33
Canadian dollar 100 510.24
Malaysian ringgit 60.016 100
Ruble 939.93 100
Rand 200.08 100
Korean won 16,771 100
UAE dirham 54.271 100
Saudi riyal 55.414 100
Hungarian forint 4,138.80 100
Polish zloty 55.043 100
Danish krone 94.52 100
Swedish krona 131.62 100
Norwegian krone 121.59 100
Turkish lira 71.063 100
Mexican peso 281.30 100
Thai baht 493.69 100
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.
