BEIJING, July 23 (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 100 699.21
Euro 100 807.64
Japanese yen 100 6.5147
Hong Kong dollar 100 90.199
British pound 100 888.93
Australian dollar 100 498.55
New Zealand dollar 100 465.00
Singapore dollar 100 504.26
Swiss franc 100 751.15
Canadian dollar 100 520.54
Malaysian ringgit 60.909 100
Ruble 1,017.33 100
Rand 235.60 100
Korean won 17,127 100
UAE dirham 52.612 100
Saudi riyal 53.72 100
Hungarian forint 4,308.76 100
Polish zloty 54.731 100
Danish krone 92.14 100
Swedish krona 127.06 100
Norwegian krone 131.16 100
Turkish lira 98.072 100
Mexican peso 320.29 100
Thai baht 452.54 100
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