Market exchange rates in China — Aug. 16

BEIJING, Aug. 16 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 714.64
Euro 100 784.88
Japanese yen 100 4.7945
Hong Kong dollar 100 91.654
British pound 100 919.72
Australian dollar 100 473.14
New Zealand dollar 100 428.47
Singapore dollar 100 540.86
Swiss franc 100 819.66
Canadian dollar 100 520.95
Pataca 112.43 100
Malaysian ringgit 62.267 100
Ruble 1,241.96 100
Rand 251.69 100
Korean won 19,033 100
UAE dirham 51.373 100
Saudi riyal 52.491 100
Hungarian forint 5,046.35 100
Polish zloty 54.703 100
Danish krone 95.14 100
Swedish krona 147.34 100
Norwegian krone 150.24 100
Turkish lira 471.13 100
Mexican peso 261.13 100
Thai baht 489.54 100
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. ■