BEIJING, May 24 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 711.02
Euro 100 772.54
Japanese yen 100 4.5615
Hong Kong dollar 100 91.048
British pound 100 907.17
Australian dollar 100 472.69
New Zealand dollar 100 437.33
Singapore dollar 100 528.14
Swiss franc 100 781.42
Canadian dollar 100 521.08
Pataca 113.19 100
Malaysian ringgit 66.226 100
Ruble 1,277.11 100
Rand 258.98 100
Korean won 19,030 100
UAE dirham 51.447 100
Saudi riyal 52.534 100
Hungarian forint 5,022.39 100
Polish zloty 55.441 100
Danish krone 96.92 100
Swedish krona 150.21 100
Norwegian krone 149.50 100
Turkish lira 450.951 100
Mexican peso 235.20 100
Thai baht 510.21 100
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. ■