BEIJING, Aug. 20 (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 100 704.54
Euro 100 780.88
Japanese yen 100 6.6101
Hong Kong dollar 100 89.811
British pound 100 854.67
Australian dollar 100 476.60
New Zealand dollar 100 451.66
Singapore dollar 100 508.05
Swiss franc 100 718.17
Canadian dollar 100 528.76
Malaysian ringgit 59.294 100
Ruble 949.89 100
Rand 219.23 100
Korean won 17,182 100
UAE dirham 52.122 100
Saudi riyal 53.221 100
Hungarian forint 4,179.66 100
Polish zloty 55.922 100
Danish krone 95.48 100
Swedish krona 137.40 100
Norwegian krone 127.46 100
Turkish lira 80.169 100
Mexican peso 281.85 100
Thai baht 437.87 100
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.