BEIJING, May 14 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 684.01
Euro 100 798.60
Japanese yen 100 4.326
Hong Kong dollar 100 87.363
British pound 100 922.21
Australian dollar 100 494.58
New Zealand dollar 100 404.42
Singapore dollar 100 535.85
Swiss franc 100 872.65
Canadian dollar 100 497.10
Pataca 117.97 100
Malaysian ringgit 57.572 100
Ruble 1,086.40 100
Rand 240.40 100
Korean won 21,893 100
UAE dirham 53.914 100
Saudi riyal 55.073 100
Hungarian forint 4,478.21 100
Polish zloty 53.096 100
Danish krone 93.57 100
Swedish krona 136.83 100
Norwegian krone 134.58 100
Turkish lira 666.345 100
Mexican peso 251.42 100
Thai baht 475.21 100
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. ■
