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 Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 718.15
Euro 100 820.82
Japanese yen 100 4.9553
Hong Kong dollar 100 91.502
British pound 100 969.74
Australian dollar 100 468.75
New Zealand dollar 100 434.89
Singapore dollar 100 558.39
Swiss franc 100 873.27
Canadian dollar 100 525.48
Pataca 112.62 100
Malaysian ringgit 58.995 100
Ruble 1,092.36 100
Rand 246.48 100
Korean won 18,991 100
UAE dirham 51.136 100
Saudi riyal 52.224 100
Hungarian forint 4,884.71 100
Polish zloty 51.849 100
Danish krone 90.87 100
Swedish krona 133.57 100
Norwegian krone 140.72 100
Turkish lira 545.711 100
Mexican peso 265.39 100
Thai baht 454.47 100
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. ■
