BEIJING, May 13 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 719.91
Euro 100 800.17
Japanese yen 100 4.8633
Hong Kong dollar 100 92.374
British pound 100 950.47
Australian dollar 100 459.8
New Zealand dollar 100 422.7
Singapore dollar 100 552.49
Swiss franc 100 853.55
Canadian dollar 100 516.23
Pataca 111.56 100
Malaysian ringgit 59.787 100
Ruble 1,124.25 100
Rand 253.25 100
Korean won 19,638 100
UAE dirham 50.921 100
Saudi riyal 52.002 100
Hungarian forint 5,064.7 100
Polish zloty 53.009 100
Danish krone 93.22 100
Swedish krona 136.19 100
Norwegian krone 144.86 100
Turkish lira 537.875 100
Mexican peso 272.25 100
Thai baht 462.89 100
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. ■
