Market exchange rates in China — Aug. 29

BEIJING, Aug. 29 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 712.99
Euro 100 793.18
Japanese yen 100 4.9386
Hong Kong dollar 100 91.423
British pound 100 940.54
Australian dollar 100 483.72
New Zealand dollar 100 445.71
Singapore dollar 100 547.11
Swiss franc 100 847.37
Canadian dollar 100 529.07
Pataca 112.72 100
Malaysian ringgit 60.878 100
Ruble 1,283.94 100
Rand 250.11 100
Korean won 18,742 100
UAE dirham 51.519 100
Saudi riyal 52.636 100
Hungarian forint 4,961.73 100
Polish zloty 54.185 100
Danish krone 94.04 100
Swedish krona 143.02 100
Norwegian krone 147.42 100
Turkish lira 479.189 100
Mexican peso 276.23 100
Thai baht 477.41 100
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. ■