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Market exchange rates in China — Sept. 3

BEIJING, Sept. 3 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 711.12
Euro 100 786.54
Japanese yen 100 4.8414
Hong Kong dollar 100 91.208
British pound 100 934.06
Australian dollar 100 482.54
New Zealand dollar 100 442.68
Singapore dollar 100 543.95
Swiss franc 100 834.79
Canadian dollar 100 526.69
Pataca 112.98 100
Malaysian ringgit 61.277 100
Ruble 1,261.22 100
Rand 250.85 100
Korean won 18,822 100
UAE dirham 51.664 100
Saudi riyal 52.79 100
Hungarian forint 4,989.98 100
Polish zloty 54.268 100
Danish krone 94.80 100
Swedish krona 144.15 100
Norwegian krone 148.96 100
Turkish lira 476.942 100
Mexican peso 279.10 100
Thai baht 480.97 100
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. ■

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