Market exchange rates in China — July 23

BEIJING, July 23 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 713.34
Euro 100 780.47
Japanese yen 100 4.5756
Hong Kong dollar 100 91.377
British pound 100 926.74
Australian dollar 100 476.87
New Zealand dollar 100 429.93
Singapore dollar 100 531.89
Swiss franc 100 804.14
Canadian dollar 100 521.50
Pataca 112.77 100
Malaysian ringgit 65.647 100
Ruble 1,221.12 100
Rand 255.19 100
Korean won 19,259 100
UAE dirham 51.296 100
Saudi riyal 52.388 100
Hungarian forint 5,014.14 100
Polish zloty 55.078 100
Danish krone 95.95 100
Swedish krona 149.60 100
Norwegian krone 153.05 100
Turkish lira 459.903 100
Mexican peso 251.76 100
Thai baht 504.94 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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. ■