BEIJING, May 29 (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 100 719.07
Euro 100 810.27
Japanese yen 100 4.9497
Hong Kong dollar 100 91.762
British pound 100 967.97
Australian dollar 100 463.09
New Zealand dollar 100 429.65
Singapore dollar 100 557.27
Swiss franc 100 866.53
Canadian dollar 100 520.16
Pataca 112.30 100
Malaysian ringgit 58.846 100
Ruble 1,110.21 100
Rand 249.26 100
Korean won 19,136 100
UAE dirham 51.036 100
Saudi riyal 52.111 100
Hungarian forint 4,977.37 100
Polish zloty 52.286 100
Danish krone 92.01 100
Swedish krona 134.33 100
Norwegian krone 141.55 100
Turkish lira 543.383 100
Mexican peso 269.30 100
Thai baht 455.22 100
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. ■
