BEIJING, June 16 (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 100 712.89
Euro 100 780.42
Japanese yen 100 5.0851
Hong Kong dollar 100 91.175
British pound 100 911.61
Australian dollar 100 490.43
New Zealand dollar 100 444.43
Singapore dollar 100 533.43
Swiss franc 100 799.60
Canadian dollar 100 539.16
Malaysian ringgit 64.934 100
Ruble 1,172.43 100
Rand 255.69 100
Korean won 17,868 100
UAE dirham 51.523 100
Saudi riyal 52.613 100
Hungarian forint 4,786.07 100
Polish zloty 57.051 100
Danish krone 95.51 100
Swedish krona 148.71 100
Norwegian krone 147.31 100
Turkish lira 331.861 100
Mexican peso 240.37 100
Thai baht 485.65 100
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.