Market exchange rates in China — Aug. 28

BEIJING, Aug. 28 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 712.16
Euro 100 796.16
Japanese yen 100 4.9516
Hong Kong dollar 100 91.278
British pound 100 944.16
Australian dollar 100 483.52
New Zealand dollar 100 444.78
Singapore dollar 100 547.31
Swiss franc 100 846.37
Canadian dollar 100 529.61
Pataca 112.90 100
Malaysian ringgit 61.003 100
Ruble 1,285.08 100
Rand 248.90 100
Korean won 18,668 100
UAE dirham 51.577 100
Saudi riyal 52.695 100
Hungarian forint 4,934.43 100
Polish zloty 53.786 100
Danish krone 93.70 100
Swedish krona 142.52 100
Norwegian krone 146.90 100
Turkish lira 477.966 100
Mexican peso 277.90 100
Thai baht 476.29 100
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. ■