Market exchange rates in China -- July 29

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

Currency Unit Central parity rate in yuan

U.S. dollar 100 665.11

Euro 100 737.24

Japanese yen 100 6.3554

Hong Kong dollar 100 85.751

British pound 100 875.13

Australian dollar 100 499.75

New Zealand dollar 100 471.84

Singapore dollar 100 492.04

Swiss franc 100 678.81

Canadian dollar 100 505.79

Malaysian ringgit 60.960 100

Ruble 1,002.340 100

Rand 212.63 100

Korean Won 16,908 100

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