BEIJING, June 16 (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 100 717.89
Euro 100 828.70
Japanese yen 100 4.9732
Hong Kong dollar 100 91.457
British pound 100 973.64
Australian dollar 100 466.29
New Zealand dollar 100 432.43
Singapore dollar 100 560.08
Swiss franc 100 885.02
Canadian dollar 100 528.85
Pataca 112.70 100
Malaysian ringgit 59.122 100
Ruble 1,113.41 100
Rand 249.97 100
Korean won 19,001 100
UAE dirham 51.124 100
Saudi riyal 52.236 100
Hungarian forint 4,860.89 100
Polish zloty 51.506 100
Danish krone 89.98 100
Swedish krona 132.21 100
Norwegian krone 138.03 100
Turkish lira 548.786 100
Mexican peso 263.86 100
Thai baht 451.71 100
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. ■
