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 Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 712.01
Euro 100 765.07
Japanese yen 100 4.4952
Hong Kong dollar 100 91.239
British pound 100 904.50
Australian dollar 100 475.89
New Zealand dollar 100 439.03
Singapore dollar 100 527.80
Swiss franc 100 799.15
Canadian dollar 100 523.14
Pataca 112.96 100
Malaysian ringgit 66.139 100
Ruble 1,239.28 100
Rand 252.15 100
Korean won 19,308 100
UAE dirham 51.351 100
Saudi riyal 52.448 100
Hungarian forint 5,207.25 100
Polish zloty 56.809 100
Danish krone 97.85 100
Swedish krona 146.77 100
Norwegian krone 147.92 100
Turkish lira 458.916 100
Mexican peso 254.59 100
Thai baht 511.08 100
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. ■
