BEIJING, May 10 (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 100 710.11
Euro 100 768.17
Japanese yen 100 4.5954
Hong Kong dollar 100 90.867
British pound 100 892.23
Australian dollar 100 472.10
New Zealand dollar 100 431.21
Singapore dollar 100 526.34
Swiss franc 100 786.43
Canadian dollar 100 521.37
Pataca 113.41 100
Malaysian ringgit 66.689 100
Ruble 1,292.91 100
Rand 259.55 100
Korean won 19,100 100
UAE dirham 51.585 100
Saudi riyal 52.677 100
Hungarian forint 5,068.30 100
Polish zloty 55.989 100
Danish krone 97.41 100
Swedish krona 152.23 100
Norwegian krone 152.39 100
Turkish lira 453.194 100
Mexican peso 236.51 100
Thai baht 513.72 100
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. ■
