BEIJING, July 23 (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 100 646.50
Euro 100 761.22
Japanese yen 100 5.8709
Hong Kong dollar 100 83.195
British pound 100 890.44
Australian dollar 100 477.31
New Zealand dollar 100 451.31
Singapore dollar 100 475.73
Swiss franc 100 703.48
Canadian dollar 100 514.59
Malaysian ringgit 65.314 100
Ruble 1,139.21 100
Rand 227.55 100
Korean won 17,774 100
UAE dirham 56.812 100
Saudi riyal 58.017 100
Hungarian forint 4,698.54 100
Polish zloty 59.953 100
Danish krone 97.71 100
Swedish krona 134.23 100
Norwegian krone 136.88 100
Turkish lira 132.422 100
Mexican peso 310.99 100
Thai baht 508.50 100
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