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 Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 684.31
Euro 100 800.39
Japanese yen 100 4.3327
Hong Kong dollar 100 87.408
British pound 100 923.35
Australian dollar 100 493.66
New Zealand dollar 100 405.94
Singapore dollar 100 536.35
Swiss franc 100 874.35
Canadian dollar 100 497.73
Pataca 117.89 100
Malaysian ringgit 57.619 100
Ruble 1,086.51 100
Rand 241.97 100
Korean won 21,923 100
UAE dirham 53.887 100
Saudi riyal 55.051 100
Hungarian forint 4,463.09 100
Polish zloty 53.069 100
Danish krone 93.35 100
Swedish krona 136.32 100
Norwegian krone 134.77 100
Turkish lira 665.649 100
Mexican peso 252.16 100
Thai baht 475.60 100
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. ■
