BEIJING, May 27 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 673.87
Euro 100 723.32
Japanese yen 100 5.3038
Hong Kong dollar 100 85.847
British pound 100 850.24
Australian dollar 100 478.72
New Zealand dollar 100 437.01
Singapore dollar 100 491.06
Swiss franc 100 703.08
Canadian dollar 100 527.55
Malaysian ringgit 65.205 100
Ruble 958.61 100
Rand 233.17 100
Korean won 18,707 100
UAE dirham 54.487 100
Saudi riyal 55.651 100
Hungarian forint 5,423.82 100
Polish zloty 63.622 100
Danish krone 102.83 100
Swedish krona 146.28 100
Norwegian krone 141.48 100
Turkish lira 242.758 100
Mexican peso 293.26 100
Thai baht 507.43 100
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 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. ■
