BEIJING, May 29 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 681.76
Euro 100 791.60
Japanese yen 100 4.2718
Hong Kong dollar 100 87.029
British pound 100 913.35
Australian dollar 100 486.41
New Zealand dollar 100 403.54
Singapore dollar 100 532.71
Swiss franc 100 867.15
Canadian dollar 100 492.57
Pataca 118.41 100
Malaysian ringgit 58.426 100
Ruble 1,047.05 100
Rand 238.72 100
Korean won 22,060 100
UAE dirham 54.093 100
Saudi riyal 55.272 100
Hungarian forint 4,473.15 100
Polish zloty 53.329 100
Danish krone 94.43 100
Swedish krona 136.29 100
Norwegian krone 136.26 100
Turkish lira 675.411 100
Mexican peso 254.37 100
Thai baht 480.18 100
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. ■
