BEIJING, July 6 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 706.63
Euro 100 794.94
Japanese yen 100 6.5694
Hong Kong dollar 100 91.176
British pound 100 881.49
Australian dollar 100 490.75
New Zealand dollar 100 461.83
Singapore dollar 100 506.88
Swiss franc 100 747.91
Canadian dollar 100 521.40
Malaysian ringgit 60.603 100
Ruble 1,010.01 100
Rand 241.64 100
Korean won 16,957 100
UAE dirham 51.98 100
Saudi riyal 53.083 100
Hungarian forint 4,452.27 100
Polish zloty 56.11 100
Danish krone 93.71 100
Swedish krona 131.90 100
Norwegian krone 134.06 100
Turkish lira 97.141 100
Mexican peso 316.80 100
Thai baht 440.48 100
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