BEIJING, June 12 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 712.12
Euro 100 765.40
Japanese yen 100 5.1101
Hong Kong dollar 100 90.864
British pound 100 895.72
Australian dollar 100 480.32
New Zealand dollar 100 436.47
Singapore dollar 100 530.09
Swiss franc 100 788.24
Canadian dollar 100 533.91
Malaysian ringgit 64.788 100
Ruble 1,159.25 100
Rand 262.83 100
Korean won 18,106 100
UAE dirham 51.575 100
Saudi riyal 52.663 100
Hungarian forint 4,810.28 100
Polish zloty 58.054 100
Danish krone 97.35 100
Swedish krona 152.03 100
Norwegian krone 151.02 100
Turkish lira 331.251 100
Mexican peso 242.70 100
Thai baht 485.82 100
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.