BEIJING, June 25 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 716.68
Euro 100 832.24
Japanese yen 100 4.9481
Hong Kong dollar 100 91.298
British pound 100 975.45
Australian dollar 100 465.10
New Zealand dollar 100 430.73
Singapore dollar 100 560.09
Swiss franc 100 890.14
Canadian dollar 100 522.06
Pataca 112.99 100
Malaysian ringgit 59.162 100
Ruble 1,091.72 100
Rand 247.53 100
Korean won 18,960 100
UAE dirham 51.255 100
Saudi riyal 52.356 100
Hungarian forint 4,820.46 100
Polish zloty 51.085 100
Danish krone 89.63 100
Swedish krona 132.87 100
Norwegian krone 141.18 100
Turkish lira 552.385 100
Mexican peso 265.05 100
Thai baht 455.44 100
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. ■
