BEIJING, May 27 (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 100 718.76
Euro 100 818.49
Japanese yen 100 5.0349
Hong Kong dollar 100 91.723
British pound 100 974.72
Australian dollar 100 465.88
New Zealand dollar 100 430.85
Singapore dollar 100 559.74
Swiss franc 100 875.77
Canadian dollar 100 523.17
Pataca 112.38 100
Malaysian ringgit 58.67 100
Ruble 1,112.46 100
Rand 248.26 100
Korean won 19,054 100
UAE dirham 51.123 100
Saudi riyal 52.198 100
Hungarian forint 4,927.9 100
Polish zloty 51.856 100
Danish krone 91.12 100
Swedish krona 132.39 100
Norwegian krone 140.5 100
Turkish lira 542.733 100
Mexican peso 267.83 100
Thai baht 453.54 100
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. ■
