BEIJING, Aug. 8 (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 100 700.39
Euro 100 786.11
Japanese yen 100 6.6115
Hong Kong dollar 100 89.323
British pound 100 852.58
Australian dollar 100 474.77
New Zealand dollar 100 453.05
Singapore dollar 100 507.79
Swiss franc 100 719.81
Canadian dollar 100 527.61
Malaysian ringgit 59.669 100
Ruble 928.39 100
Rand 214.40 100
Korean won 17,263 100
UAE dirham 52.326 100
Saudi riyal 53.446 100
Hungarian forint 4,142.79 100
Polish zloty 54.921 100
Danish krone 94.90 100
Swedish krona 137.21 100
Norwegian krone 127.50 100
Turkish lira 78.225 100
Mexican peso 279.77 100
Thai baht 438.86 100
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