BEIJING, May 21 (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 100 683.49
Euro 100 792.36
Japanese yen 100 4.2957
Hong Kong dollar 100 87.267
British pound 100 915.54
Australian dollar 100 487.12
New Zealand dollar 100 399.63
Singapore dollar 100 533.61
Swiss franc 100 866.08
Canadian dollar 100 495.45
Pataca 118.09 100
Malaysian ringgit 58.125 100
Ruble 1,047.97 100
Rand 241.46 100
Korean won 21,992 100
UAE dirham 53.919 100
Saudi riyal 55.086 100
Hungarian forint 4,534.49 100
Polish zloty 53.529 100
Danish krone 94.34 100
Swedish krona 137.15 100
Norwegian krone 135.95 100
Turkish lira 668.927 100
Mexican peso 253.75 100
Thai baht 478.70 100
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. ■
