BEIJING, June 7 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 711.06
Euro 100 777.60
Japanese yen 100 4.5984
Hong Kong dollar 100 91.037
British pound 100 913.05
Australian dollar 100 476.88
New Zealand dollar 100 443.91
Singapore dollar 100 530.27
Swiss franc 100 802.28
Canadian dollar 100 522.81
Pataca 113.20 100
Malaysian ringgit 66.044 100
Ruble 1,244.33 100
Rand 266.36 100
Korean won 19,071 100
UAE dirham 51.489 100
Saudi riyal 52.581 100
Hungarian forint 5,035.00 100
Polish zloty 55.331 100
Danish krone 96.28 100
Swedish krona 145.47 100
Norwegian krone 147.96 100
Turkish lira 452.143 100
Mexican peso 251.80 100
Thai baht 507.89 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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.