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Market exchange rates in China -- July 28

Xinhua, July 28, 2016 Adjust font size:

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

Currency Unit Central parity rate in yuan

U.S. dollar 100 665.97

Euro 100 737.05

Japanese yen 100 6.3396

Hong Kong dollar 100 85.860

British pound 100 875.03

Australian dollar 100 500.11

New Zealand dollar 100 472.29

Singapore dollar 100 492.89

Swiss franc 100 675.86

Canadian dollar 100 507.04

Malaysian ringgit 60.966 100

Ruble 990.270 100

Rand 213.59 100

Korean Won 16,959 100

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