BEIJING, July 20 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 674.64
Euro 100 777.70
Japanese yen 100 6.0330
Hong Kong dollar 100 86.406
British pound 100 878.96
Australian dollar 100 537.00
New Zealand dollar 100 496.73
Singapore dollar 100 493.05
Swiss franc 100 706.57
Canadian dollar 100 535.44
Malaysian ringgit 63.534 100
Ruble 873.34 100
Rand 191.65 100
Korean won 16,634 100
UAE dirham 54.444 100
Saudi riyal 55.588 100
Hungarian forint 3,935.74 100
Polish zloty 54.104 100
Danish krone 95.62 100
Swedish krona 123.09 100
Norwegian krone 119.32 100
Turkish lira 52.186 100
Mexican peso 260.48 100
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 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.
(This article is generated by Xinhua News Robot.)