BEIJING, May 12 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 689.48
Euro 100 750.16
Japanese yen 100 6.0657
Hong Kong dollar 100 88.507
British pound 100 889.74
Australian dollar 100 509.12
New Zealand dollar 100 471.96
Singapore dollar 100 490.35
Swiss franc 100 685.10
Canadian dollar 100 503.85
Malaysian ringgit 62.962 100
Ruble 826.58 100
Rand 193.66 100
Korean Won 16,309 100
UAE dirham 53.198 100
Saudi riyal 54.323 100
Hungarian forint 4,133.62 100
Polish zloty 56.333 100
Danish krone 99.17 100
Swedish krona 128.63 100
Norwegian krone 124.57 100
Turkish lira 51.810 100
Mexican peso 272.85 100
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 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.
(This article is generated by Xinhua News Robot.)
