BEIJING, July 4 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 687.05
Euro 100 775.44
Japanese yen 100 6.375
Hong Kong dollar 100 88.152
British pound 100 864.38
Australian dollar 100 483.21
New Zealand dollar 100 460.91
Singapore dollar 100 506.65
Swiss franc 100 696.89
Canadian dollar 100 526.16
Malaysian ringgit 60.206 100
Ruble 920.79 100
Rand 204.81 100
Korean won 17,014 100
UAE dirham 53.459 100
Saudi riyal 54.587 100
Hungarian forint 4,155.71 100
Polish zloty 54.66 100
Danish krone 96.23 100
Swedish krona 135.44 100
Norwegian krone 124.12 100
Turkish lira 81.828 100
Mexican peso 276.81 100
Thai baht 445.59 100
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.