BEIJING, Aug. 3 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 678.98
Euro 100 780.68
Japanese yen 100 4.2898
Hong Kong dollar 100 86.587
British pound 100 912.27
Australian dollar 100 476.08
New Zealand dollar 100 398.66
Singapore dollar 100 527.94
Swiss franc 100 838.15
Canadian dollar 100 482.22
Pataca 119.01 100
Malaysian ringgit 60.30 100
Ruble 1,177.43 100
Rand 243.49 100
Korean won 21,247 100
UAE dirham 54.354 100
Saudi riyal 55.574 100
Hungarian forint 4,660.48 100
Polish zloty 55.125 100
Danish krone 95.76 100
Swedish krona 140.62 100
Norwegian krone 140.33 100
Turkish lira 702.94 100
Mexican peso 255.47 100
Thai baht 493.76 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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. ■
