Market exchange rates in China -- July 20 - Big News Network

Market exchange rates in China — July 20 – Big News Network

BEIJING, July 20 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 699.28

Euro 100 799.89

Japanese yen 100 6.5319

Hong Kong dollar 100 90.185

British pound 100 878.89

Australian dollar 100 489.45

New Zealand dollar 100 458.64

Singapore dollar 100 503.33

Swiss franc 100 745.17

Canadian dollar 100 515.03

Malaysian ringgit 60.978 100

Ruble 1,027.78 100

Rand 238.51 100

Korean won 17,216 100

UAE dirham 52.523 100

Saudi riyal 53.633 100

Hungarian forint 4,414.48 100

Polish zloty 55.986 100

Danish krone 93.06 100

Swedish krona 129.19 100

Norwegian krone 132.73 100

Turkish lira 98.048 100

Mexican peso 321.90 100

Thai baht 453.25 100

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.

Credit: Source

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