BEIJING, May 14 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 710.53
Euro 100 769.51
Japanese yen 100 4.5752
Hong Kong dollar 100 90.962
British pound 100 895.38
Australian dollar 100 471.97
New Zealand dollar 100 430.69
Singapore dollar 100 526.57
Swiss franc 100 785.13
Canadian dollar 100 522.22
Pataca 113.29 100
Malaysian ringgit 66.578 100
Ruble 1,277.86 100
Rand 257.84 100
Korean won 19,073 100
UAE dirham 51.546 100
Saudi riyal 52.634 100
Hungarian forint 5,048.54 100
Polish zloty 55.918 100
Danish krone 97.29 100
Swedish krona 151.99 100
Norwegian krone 151.77 100
Turkish lira 452.408 100
Mexican peso 236.51 100
Thai baht 513.89 100
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.