BEIJING, May 16 (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 100 719.38
Euro 100 805.73
Japanese yen 100 4.9494
Hong Kong dollar 100 92.146
British pound 100 957.85
Australian dollar 100 461.14
New Zealand dollar 100 423.22
Singapore dollar 100 555.42
Swiss franc 100 861.89
Canadian dollar 100 515.96
Pataca 111.83 100
Malaysian ringgit 59.389 100
Ruble 1,110.6 100
Rand 250.27 100
Korean won 19,412 100
UAE dirham 51.02 100
Saudi riyal 52.1 100
Hungarian forint 4,995.71 100
Polish zloty 52.698 100
Danish krone 92.59 100
Swedish krona 135.18 100
Norwegian krone 144.69 100
Turkish lira 538.8 100
Mexican peso 270.74 100
Thai baht 460.9 100
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. ■
