BEIJING, July 5 (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 100 669.86
Euro 100 698.88
Japanese yen 100 4.9303
Hong Kong dollar 100 85.366
British pound 100 811.51
Australian dollar 100 460.56
New Zealand dollar 100 416.29
Singapore dollar 100 479.96
Swiss franc 100 697.29
Canadian dollar 100 521.20
Malaysian ringgit 65.887 100
Ruble 840.18 100
Rand 244.12 100
Korean won 19,351 100
UAE dirham 54.828 100
Saudi riyal 56.019 100
Hungarian forint 5,757.83 100
Polish zloty 67.465 100
Danish krone 106.46 100
Swedish krona 154.20 100
Norwegian krone 146.60 100
Turkish lira 250.701 100
Mexican peso 302.65 100
Thai baht 532.82 100
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. ■
