BEIJING, April 28 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 692.40
Euro 100 763.61
Japanese yen 100 5.1723
Hong Kong dollar 100 88.206
British pound 100 865.04
Australian dollar 100 458.94
New Zealand dollar 100 425.54
Singapore dollar 100 518.62
Swiss franc 100 774.52
Canadian dollar 100 508.93
Malaysian ringgit 64.403 100
Ruble 1,180.31 100
Rand 264.29 100
Korean won 19,331 100
UAE dirham 53.039 100
Saudi riyal 54.171 100
Hungarian forint 4,886.92 100
Polish zloty 59.91 100
Danish krone 97.62 100
Swedish krona 148.63 100
Norwegian krone 153.33 100
Turkish lira 280.745 100
Mexican peso 260.55 100
Thai baht 492.80 100
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 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.