BEIJING, June 12 (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 100 711.33
Euro 100 767.88
Japanese yen 100 4.5588
Hong Kong dollar 100 91.081
British pound 100 910.85
Australian dollar 100 473.48
New Zealand dollar 100 440.99
Singapore dollar 100 528.22
Swiss franc 100 794.99
Canadian dollar 100 520.53
Pataca 113.14 100
Malaysian ringgit 66.30 100
Ruble 1,243.19 100
Rand 260.10 100
Korean won 19,163 100
UAE dirham 51.40 100
Saudi riyal 52.484 100
Hungarian forint 5,169.68 100
Polish zloty 56.793 100
Danish krone 97.45 100
Swedish krona 146.61 100
Norwegian krone 149.69 100
Turkish lira 453.053 100
Mexican peso 260.96 100
Thai baht 511.25 100
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. ■
