Tue, 04 Aug 2020

Market exchange rates in China -- July 8

Xinhua
08 Jul 2020, 12:18 GMT+10

BEIJING, July 8 (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 100 702.07

Euro 100 791.70

Japanese yen 100 6.525

Hong Kong dollar 100 90.588

British pound 100 880.73

Australian dollar 100 487.57

New Zealand dollar 100 459.88

Singapore dollar 100 503.21

Swiss franc 100 744.88

Canadian dollar 100 516.04

Malaysian ringgit 60.895 100

Ruble 1,019.13 100

Rand 244.47 100

Korean won 17,041 100

UAE dirham 52.316 100

Saudi riyal 53.426 100

Hungarian forint 4,475.34 100

Polish zloty 56.52 100

Danish krone 94.12 100

Swedish krona 131.87 100

Norwegian krone 135.16 100

Turkish lira 97.694 100

Mexican peso 324.71 100

Thai baht 444.89 100

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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