BEIJING, July 31 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 698.48
Euro 100 828.82
Japanese yen 100 6.6726
Hong Kong dollar 100 90.125
British pound 100 915.90
Australian dollar 100 502.72
New Zealand dollar 100 467.33
Singapore dollar 100 509.37
Swiss franc 100 769.01
Canadian dollar 100 520.54
Malaysian ringgit 60.706 100
Ruble 1,045.89 100
Rand 239.68 100
Korean won 17,031 100
UAE dirham 52.598 100
Saudi riyal 53.712 100
Hungarian forint 4,163.04 100
Polish zloty 53.198 100
Danish krone 89.80 100
Swedish krona 124.31 100
Norwegian krone 129.69 100
Turkish lira 99.891 100
Mexican peso 315.21 100
Thai baht 448.73 100
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