BEIJING, June 20 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 715.96
Euro 100 782.26
Japanese yen 100 5.0467
Hong Kong dollar 100 91.61
British pound 100 916.38
Australian dollar 100 490.73
New Zealand dollar 100 444.15
Singapore dollar 100 534.24
Swiss franc 100 799.41
Canadian dollar 100 542.24
Malaysian ringgit 64.634 100
Ruble 1,171.71 100
Rand 253.94 100
Korean won 17,907 100
UAE dirham 51.271 100
Saudi riyal 52.363 100
Hungarian forint 4,773.70 100
Polish zloty 56.853 100
Danish krone 95.21 100
Swedish krona 149.82 100
Norwegian krone 149.05 100
Turkish lira 329.616 100
Mexican peso 238.42 100
Thai baht 485.54 100
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.