BEIJING, May 6 (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 100 685.62
Euro 100 800.94
Japanese yen 100 4.3338
Hong Kong dollar 100 87.504
British pound 100 927.12
Australian dollar 100 492.45
New Zealand dollar 100 403.62
Singapore dollar 100 536.77
Swiss franc 100 874.73
Canadian dollar 100 502.24
Pataca 117.76 100
Malaysian ringgit 57.856 100
Ruble 1,106.03 100
Rand 242.53 100
Korean won 21,483 100
UAE dirham 53.757 100
Saudi riyal 54.921 100
Hungarian forint 4,505.46 100
Polish zloty 52.946 100
Danish krone 93.29 100
Swedish krona 135.20 100
Norwegian krone 135.30 100
Turkish lira 661.707 100
Mexican peso 253.35 100
Thai baht 475.30 100
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. ■
