BEIJING, Sept. 1 (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 100 646.80
Euro 100 763.77
Japanese yen 100 5.8798
Hong Kong dollar 100 83.17
British pound 100 889.60
Australian dollar 100 473.33
New Zealand dollar 100 455.91
Singapore dollar 100 481.06
Swiss franc 100 706.58
Canadian dollar 100 512.72
Malaysian ringgit 64.23 100
Ruble 1,133.53 100
Rand 224.55 100
Korean won 17,928 100
UAE dirham 56.789 100
Saudi riyal 57.989 100
Hungarian forint 4,567.91 100
Polish zloty 59.223 100
Danish krone 97.36 100
Swedish krona 133.31 100
Norwegian krone 134.35 100
Turkish lira 128.571 100
Mexican peso 310.34 100
Thai baht 498.58 100
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.