BEIJING, June 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 681.50
Euro 100 778.86
Japanese yen 100 4.2158
Hong Kong dollar 100 86.955
British pound 100 897.74
Australian dollar 100 475.90
New Zealand dollar 100 389.58
Singapore dollar 100 525.86
Swiss franc 100 841.61
Canadian dollar 100 479.15
Pataca 118.52 100
Malaysian ringgit 60.821 100
Ruble 1,078.00 100
Rand 241.99 100
Korean won 22,570 100
UAE dirham 54.074 100
Saudi riyal 55.262 100
Hungarian forint 4,518.50 100
Polish zloty 54.614 100
Danish krone 95.97 100
Swedish krona 141.17 100
Norwegian krone 142.86 100
Turkish lira 683.489 100
Mexican peso 254.93 100
Thai baht 485.22 100
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. ■
