Market exchange rates in China -- July 20

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 14 major currencies announced on Wednesday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 669.46

Euro 100 738.40

Japanese yen 100 6.3183

Hong Kong dollar 100 86.319

British pound 100 878.67

Australian dollar 100 503.20

New Zealand dollar 100 472.20

Singapore dollar 100 494.85

Swiss franc 100 680.08

Canadian dollar 100 513.78

Malaysian ringgit 59.590 100

Ruble 948.220 100

Rand 213.86 100

Korean Won 17,031 100

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 rates of the yuan against the Hong Kong dollar and the Canadian dollar are based on the central parity rate of the yuan against the U.S. dollar and the exchange rates of the four currencies 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 euro, British pound, Japanese yen, Australian dollar, Singapore dollar, New Zealand dollar, Malaysian ringgit , ruble Rand and Korean Won are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. Enditem

(This article is generated by Xinhua News Robo