BEIJING, July 12 (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 100 686.62
Euro 100 773.03
Japanese yen 100 6.3300
Hong Kong dollar 100 87.779
British pound 100 860.36
Australian dollar 100 479.01
New Zealand dollar 100 457.78
Singapore dollar 100 505.94
Swiss franc 100 693.64
Canadian dollar 100 525.62
Malaysian ringgit 59.892 100
Ruble 914.72 100
Rand 203.32 100
Korean won 17,108 100
UAE dirham 53.486 100
Saudi riyal 54.615 100
Hungarian forint 4,216.70 100
Polish zloty 55.217 100
Danish krone 96.62 100
Swedish krona 136.59 100
Norwegian krone 124.35 100
Turkish lira 82.788 100
Mexican peso 277.66 100
Thai baht 447.90 100
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.