Market exchange rates in China -- Aug. 5

Xinhua
05 Aug 2020, 07:29 GMT+10

BEIJING, Aug. 5 (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 100 697.52

Euro 100 823.21

Japanese yen 100 6.5963

Hong Kong dollar 100 90.001

British pound 100 911.74

Australian dollar 100 499.62

New Zealand dollar 100 462.73

Singapore dollar 100 507.93

Swiss franc 100 763.45

Canadian dollar 100 523.96

Malaysian ringgit 60.476 100

Ruble 1,052.96 100

Rand 249.08 100

Korean won 17,102 100

UAE dirham 52.669 100

Saudi riyal 53.781 100

Hungarian forint 4,207.56 100

Polish zloty 53.409 100

Danish krone 90.50 100

Swedish krona 125.05 100

Norwegian krone 130.40 100

Turkish lira 99.377 100

Mexican peso 324.81 100

Thai baht 445.24 100

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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