BEIJING, Aug. 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 678.02
Euro 100 690.13
Japanese yen 100 5.0196
Hong Kong dollar 100 86.441
British pound 100 816.67
Australian dollar 100 470.10
New Zealand dollar 100 425.68
Singapore dollar 100 490.72
Swiss franc 100 712.59
Canadian dollar 100 524.85
Malaysian ringgit 65.876 100
Ruble 891.65 100
Rand 245.56 100
Korean won 19,379 100
UAE dirham 54.171 100
Saudi riyal 55.371 100
Hungarian forint 5,841.96 100
Polish zloty 68.126 100
Danish krone 107.80 100
Swedish krona 153.33 100
Norwegian krone 143.20 100
Turkish lira 264.656 100
Mexican peso 294.85 100
Thai baht 522.98 100
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.
