Saturday, January 16

Market exchange rates in China — July 28 – Big News Network

BEIJING, July 28 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 698.95

Euro 100 821.67

Japanese yen 100 6.6311

Hong Kong dollar 100 90.177

British pound 100 899.47

Australian dollar 100 499.48

New Zealand dollar 100 466.85

Singapore dollar 100 506.85

Swiss franc 100 759.18

Canadian dollar 100 523.31

Malaysian ringgit 60.85 100

Ruble 1,022.94 100

Rand 234.99 100

Korean won 17,096 100

UAE dirham 52.592 100

Saudi riyal 53.706 100

Hungarian forint 4,213.53 100

Polish zloty 53.459 100

Danish krone 90.60 100

Swedish krona 124.97 100

Norwegian krone 129.97 100

Turkish lira 98.614 100

Mexican peso 314.50 100

Thai baht 450.82 100

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

Leave a Reply

Your email address will not be published. Required fields are marked *