BEIJING, June 10 (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 100 681.30
Euro 100 783.92
Japanese yen 100 4.2416
Hong Kong dollar 100 86.935
British pound 100 908.47
Australian dollar 100 476.85
New Zealand dollar 100 394.55
Singapore dollar 100 527.96
Swiss franc 100 850.59
Canadian dollar 100 486.69
Pataca 118.54 100
Malaysian ringgit 59.714 100
Ruble 1,060.62 100
Rand 243.30 100
Korean won 22,444 100
UAE dirham 54.072 100
Saudi riyal 55.278 100
Hungarian forint 4,535.45 100
Polish zloty 54.059 100
Danish krone 95.35 100
Swedish krona 139.60 100
Norwegian krone 140.09 100
Turkish lira 678.554 100
Mexican peso 256.56 100
Thai baht 484.96 100
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. ■
