BEIJING, June 27 (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 100 720.98
Euro 100 787.73
Japanese yen 100 5.0357
Hong Kong dollar 100 92.048
British pound 100 917.88
Australian dollar 100 481.99
New Zealand dollar 100 444.95
Singapore dollar 100 533.53
Swiss franc 100 806.10
Canadian dollar 100 549.12
Malaysian ringgit 64.717 100
Ruble 1,167.72 100
Rand 258.40 100
Korean won 18,072 100
UAE dirham 50.865 100
Saudi riyal 51.947 100
Hungarian forint 4,685.53 100
Polish zloty 56.353 100
Danish krone 97.53 100
Swedish krona 148.56 100
Norwegian krone 148.69 100
Turkish lira 360.78 100
Mexican peso 237.22 100
Thai baht 487.56 100
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.