BEIJING, Aug. 13 (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 100 703.26
Euro 100 789.16
Japanese yen 100 6.6840
Hong Kong dollar 100 89.637
British pound 100 850.45
Australian dollar 100 475.58
New Zealand dollar 100 453.77
Singapore dollar 100 507.70
Swiss franc 100 726.53
Canadian dollar 100 531.96
Malaysian ringgit 59.496 100
Ruble 928.25 100
Rand 217.28 100
Korean won 17,275 100
UAE dirham 52.167 100
Saudi riyal 53.280 100
Hungarian forint 4,105.06 100
Polish zloty 54.825 100
Danish krone 94.53 100
Swedish krona 135.78 100
Norwegian krone 126.61 100
Turkish lira 78.997 100
Mexican peso 278.21 100
Thai baht 437.42 100
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.
