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Market exchange rates in China — Aug. 12

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BEIJING, Aug. 12 (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 100 647.54

Euro 100 760.34

Japanese yen 100 5.8663

Hong Kong dollar 100 83.243

British pound 100 898.17

Australian dollar 100 477.52

New Zealand dollar 100 456.13

Singapore dollar 100 477.41

Swiss franc 100 702.69

Canadian dollar 100 517.88

Malaysian ringgit 65.434 100

Ruble 1,132.79 100

Rand 226.18 100

Korean won 17,845 100

UAE dirham 56.712 100

Saudi riyal 57.906 100

Hungarian forint 4,651.02 100

Polish zloty 60.215 100

Danish krone 97.80 100

Swedish krona 134.06 100

Norwegian krone 136.69 100

Turkish lira 133.253 100

Mexican peso 307.77 100

Thai baht 512.35 100

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.

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