BEIJING, May 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 686.73
Euro 100 770.41
Japanese yen 100 6.1816
Hong Kong dollar 100 88.224
British pound 100 895.05
Australian dollar 100 512.24
New Zealand dollar 100 476.57
Singapore dollar 100 496.09
Swiss franc 100 706.91
Canadian dollar 100 508.98
Malaysian ringgit 62.813 100
Ruble 827.73 100
Rand 192.09 100
Korean Won 16,264 100
UAE dirham 53.391 100
Saudi riyal 54.517 100
Hungarian forint 4,002.49 100
Polish zloty 54.455 100
Danish krone 96.61 100
Swedish krona 126.88 100
Norwegian krone 121.81 100
Turkish lira 52.095 100
Mexican peso 272.16 100
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.)
