BEIJING, June 11 (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 100 681.50
Euro 100 784.25
Japanese yen 100 4.2385
Hong Kong dollar 100 86.975
British pound 100 908.34
Australian dollar 100 475.56
New Zealand dollar 100 393.91
Singapore dollar 100 527.98
Swiss franc 100 850.10
Canadian dollar 100 487.26
Pataca 118.48 100
Malaysian ringgit 59.862 100
Ruble 1,063.93 100
Rand 243.78 100
Korean won 22,427 100
UAE dirham 54.05 100
Saudi riyal 55.245 100
Hungarian forint 4,544.80 100
Polish zloty 54.188 100
Danish krone 95.31 100
Swedish krona 140.05 100
Norwegian krone 139.34 100
Turkish lira 678.836 100
Mexican peso 256.00 100
Thai baht 485.51 100
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. ■
