BEIJING, May 24 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 687.58
Euro 100 771.04
Japanese yen 100 6.1654
Hong Kong dollar 100 88.291
British pound 100 894.36
Australian dollar 100 515.27
New Zealand dollar 100 483.24
Singapore dollar 100 496.03
Swiss franc 100 707.19
Canadian dollar 100 510.50
Malaysian ringgit 62.209 100
Ruble 818.35 100
Rand 189.58 100
Korean Won 16,310 100
UAE dirham 53.213 100
Saudi riyal 54.332 100
Hungarian forint 3,996.55 100
Polish zloty 54.455 100
Danish krone 96.46 100
Swedish krona 126.16 100
Norwegian krone 121.40 100
Turkish lira 51.793 100
Mexican peso 270.11 100
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.)
