BEIJING, June 24 (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 100 716.56
Euro 100 831.06
Japanese yen 100 4.9137
Hong Kong dollar 100 91.283
British pound 100 970.18
Australian dollar 100 464.26
New Zealand dollar 100 429.38
Singapore dollar 100 558.77
Swiss franc 100 881.74
Canadian dollar 100 521.94
Pataca 113.01 100
Malaysian ringgit 59.761 100
Ruble 1,094.42 100
Rand 248.76 100
Korean won 19,133 100
UAE dirham 51.273 100
Saudi riyal 52.385 100
Hungarian forint 4,848.04 100
Polish zloty 51.439 100
Danish krone 89.75 100
Swedish krona 133.65 100
Norwegian krone 140.57 100
Turkish lira 553.943 100
Mexican peso 266.36 100
Thai baht 457.52 100
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. ■
