BEIJING, June 17 (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 100 680.96
Euro 100 787.76
Japanese yen 100 4.2346
Hong Kong dollar 100 86.945
British pound 100 910.99
Australian dollar 100 479.44
New Zealand dollar 100 395.57
Singapore dollar 100 529.25
Swiss franc 100 856.16
Canadian dollar 100 484.50
Pataca 118.52 100
Malaysian ringgit 59.894 100
Ruble 1,073.05 100
Rand 238.44 100
Korean won 22,324 100
UAE dirham 54.176 100
Saudi riyal 55.353 100
Hungarian forint 4,429.41 100
Polish zloty 53.722 100
Danish krone 94.88 100
Swedish krona 138.07 100
Norwegian krone 139.72 100
Turkish lira 682.504 100
Mexican peso 253.18 100
Thai baht 480.39 100
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. ■
