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Market exchange rates in China — Sept. 2

BEIJING, Sept. 2 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 710.27
Euro 100 784.44
Japanese yen 100 4.848
Hong Kong dollar 100 91.091
British pound 100 932.27
Australian dollar 100 480.84
New Zealand dollar 100 443.74
Singapore dollar 100 543.76
Swiss franc 100 834.82
Canadian dollar 100 526.49
Pataca 113.13 100
Malaysian ringgit 60.891 100
Ruble 1,275.79 100
Rand 251.09 100
Korean won 18,848 100
UAE dirham 51.735 100
Saudi riyal 52.859 100
Hungarian forint 5,009.39 100
Polish zloty 54.653 100
Danish krone 95.09 100
Swedish krona 144.52 100
Norwegian krone 149.33 100
Turkish lira 479.963 100
Mexican peso 277.56 100
Thai baht 479.63 100
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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