BEIJING, June 8 (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 100 681.98
Euro 100 784.76
Japanese yen 100 4.2495
Hong Kong dollar 100 87.048
British pound 100 908.12
Australian dollar 100 479.71
New Zealand dollar 100 394.86
Singapore dollar 100 527.54
Swiss franc 100 855.08
Canadian dollar 100 488.02
Pataca 118.38 100
Malaysian ringgit 59.364 100
Ruble 1,084.51 100
Rand 243.31 100
Korean won 22,865 100
UAE dirham 53.962 100
Saudi riyal 55.164 100
Hungarian forint 4,529.95 100
Polish zloty 54.109 100
Danish krone 95.22 100
Swedish krona 139.10 100
Norwegian krone 138.92 100
Turkish lira 676.80 100
Mexican peso 256.37 100
Thai baht 482.81 100
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. ■
