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 Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 686.40
Euro 100 774.74
Japanese yen 100 6.3642
Hong Kong dollar 100 88.034
British pound 100 864.61
Australian dollar 100 479.97
New Zealand dollar 100 458.29
Singapore dollar 100 506.28
Swiss franc 100 696.75
Canadian dollar 100 523.90
Malaysian ringgit 60.297 100
Ruble 921.96 100
Rand 205.29 100
Korean won 16,986 100
UAE dirham 53.51 100
Saudi riyal 54.634 100
Hungarian forint 4,165.55 100
Polish zloty 54.757 100
Danish krone 96.33 100
Swedish krona 135.97 100
Norwegian krone 124.85 100
Turkish lira 82.346 100
Mexican peso 277.64 100
Thai baht 445.24 100
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.
