BEIJING, July 2 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 705.66
Euro 100 794.05
Japanese yen 100 6.5701
Hong Kong dollar 100 91.046
British pound 100 880.08
Australian dollar 100 488.08
New Zealand dollar 100 457.44
Singapore dollar 100 506.39
Swiss franc 100 746.16
Canadian dollar 100 519.38
Malaysian ringgit 60.709 100
Ruble 999.66 100
Rand 241.62 100
Korean won 17,030 100
UAE dirham 52.045 100
Saudi riyal 53.15 100
Hungarian forint 4,442.84 100
Polish zloty 56.352 100
Danish krone 93.85 100
Swedish krona 131.85 100
Norwegian krone 134.81 100
Turkish lira 97.004 100
Mexican peso 321.58 100
Thai baht 438.91 100
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. Enditem
