BEIJING, July 16 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 687.10
Euro 100 773.78
Japanese yen 100 6.3692
Hong Kong dollar 100 87.784
British pound 100 860.23
Australian dollar 100 483.80
New Zealand dollar 100 462.17
Singapore dollar 100 506.77
Swiss franc 100 698.19
Canadian dollar 100 526.69
Malaysian ringgit 59.796 100
Ruble 911.64 100
Rand 202.31 100
Korean won 17,162 100
UAE dirham 53.451 100
Saudi riyal 54.579 100
Hungarian forint 4,202.66 100
Polish zloty 55.074 100
Danish krone 96.50 100
Swedish krona 136.05 100
Norwegian krone 124.26 100
Turkish lira 83.109 100
Mexican peso 276.15 100
Thai baht 449.44 100
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.
