BEIJING, Aug. 23 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 719.88
Euro 100 789.65
Japanese yen 100 5.0081
Hong Kong dollar 100 91.841
British pound 100 926.88
Australian dollar 100 468.63
New Zealand dollar 100 433.91
Singapore dollar 100 536.79
Swiss franc 100 826.98
Canadian dollar 100 538.68
Malaysian ringgit 64.183 100
Ruble 1,293.88 100
Rand 258.93 100
Korean won 18,337 100
UAE dirham 50.43 100
Saudi riyal 51.502 100
Hungarian forint 4,850.69 100
Polish zloty 56.594 100
Danish krone 94.10 100
Swedish krona 150.03 100
Norwegian krone 145.50 100
Turkish lira 373.84 100
Mexican peso 232.93 100
Thai baht 479.54 100
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.
