BEIJING, May 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 720.73
Euro 100 815.96
Japanese yen 100 5.0202
Hong Kong dollar 100 92.87
British pound 100 959.49
Australian dollar 100 464.31
New Zealand dollar 100 429.31
Singapore dollar 100 557.50
Swiss franc 100 876.18
Canadian dollar 100 521.97
Pataca 110.96 100
Malaysian ringgit 58.805 100
Ruble 1,116.92 100
Rand 253.00 100
Korean won 19,328 100
UAE dirham 50.881 100
Saudi riyal 51.961 100
Hungarian forint 4,955.09 100
Polish zloty 52.313 100
Danish krone 91.45 100
Swedish krona 133.86 100
Norwegian krone 143.43 100
Turkish lira 535.298 100
Mexican peso 271.84 100
Thai baht 454.92 100
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. ■
