BEIJING, July 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 688.81
Euro 100 773.26
Japanese yen 100 6.3498
Hong Kong dollar 100 88.335
British pound 100 862.78
Australian dollar 100 481.03
New Zealand dollar 100 456.91
Singapore dollar 100 506.44
Swiss franc 100 695.03
Canadian dollar 100 526.92
Malaysian ringgit 60.035 100
Ruble 925.39 100
Rand 206.23 100
Korean won 17,055 100
UAE dirham 53.316 100
Saudi riyal 54.439 100
Hungarian forint 4,188.23 100
Polish zloty 54.965 100
Danish krone 96.49 100
Swedish krona 136.99 100
Norwegian krone 125.04 100
Turkish lira 83.344 100
Mexican peso 275.84 100
Thai baht 446.70 100
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.
