BEIJING, June 7 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 711.96
Euro 100 761.44
Japanese yen 100 5.1004
Hong Kong dollar 100 90.77
British pound 100 884.65
Australian dollar 100 475.37
New Zealand dollar 100 432.79
Singapore dollar 100 528.14
Swiss franc 100 784.62
Canadian dollar 100 531.26
Malaysian ringgit 64.731 100
Ruble 1,143.15 100
Rand 269.72 100
Korean won 18,266 100
UAE dirham 51.592 100
Saudi riyal 52.677 100
Hungarian forint 4,837.55 100
Polish zloty 58.766 100
Danish krone 97.83 100
Swedish krona 153.34 100
Norwegian krone 155.81 100
Turkish lira 307.878 100
Mexican peso 244.12 100
Thai baht 488.36 100
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.