BEIJING, July 29 (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 100 713.16
Euro 100 776.79
Japanese yen 100 4.6526
Hong Kong dollar 100 91.339
British pound 100 920.92
Australian dollar 100 470.16
New Zealand dollar 100 423.19
Singapore dollar 100 532.31
Swiss franc 100 808.13
Canadian dollar 100 518.21
Pataca 112.82 100
Malaysian ringgit 65.309 100
Ruble 1,198.24 100
Rand 256.06 100
Korean won 19,248 100
UAE dirham 51.366 100
Saudi riyal 52.47 100
Hungarian forint 5,051.07 100
Polish zloty 55.228 100
Danish krone 96.39 100
Swedish krona 151.11 100
Norwegian krone 154.03 100
Turkish lira 460.398 100
Mexican peso 258.72 100
Thai baht 500.81 100
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. ■