BEIJING, May 23 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 686.61
Euro 100 773.15
Japanese yen 100 6.1947
Hong Kong dollar 100 88.190
British pound 100 894.11
Australian dollar 100 514.14
New Zealand dollar 100 481.53
Singapore dollar 100 496.24
Swiss franc 100 706.90
Canadian dollar 100 509.87
Malaysian ringgit 62.479 100
Ruble 821.72 100
Rand 192.40 100
Korean Won 16,242 100
UAE dirham 53.387 100
Saudi riyal 54.510 100
Hungarian forint 3,988.53 100
Polish zloty 54.279 100
Danish krone 96.27 100
Swedish krona 126.36 100
Norwegian krone 121.30 100
Turkish lira 51.761 100
Mexican peso 271.35 100
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.)
