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Market exchange rates in China - July 22

Market exchange rates in China - July 22

BEIJING - 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 100 646.51

Euro 100 762.36

Japanese yen 100 5.863

Hong Kong dollar 100 83.173

British pound 100 886.46

Australian dollar 100 475.37

New Zealand dollar 100 450.00

Singapore dollar 100 474.04

Swiss franc 100 704.57

Canadian dollar 100 514.45

Malaysian ringgit 65.445 100

Ruble 1,143.37 100

Rand 225.47 100

Korean won 17,802 100

UAE dirham 56.808 100

Saudi riyal 58.016 100

Hungarian forint 4,718.37 100

Polish zloty 60.048 100

Danish krone 97.57 100

Swedish krona 134.38 100

Norwegian krone 137.41 100

Turkish lira 132.392 100

Mexican peso 311.76 100

Thai baht 508.03 100

 

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. 

 

Source: Xinhua

Image source: Internet

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