BEIJING, May 26 (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 100 686.98
Euro 100 770.41
Japanese yen 100 6.1527
Hong Kong dollar 100 88.171
British pound 100 888.57
Australian dollar 100 512.47
New Zealand dollar 100 482.68
Singapore dollar 100 495.88
Swiss franc 100 706.62
Canadian dollar 100 510.01
Malaysian ringgit 62.187 100
Ruble 826.87 100
Rand 188.08 100
Korean Won 16,293 100
UAE dirham 53.398 100
Saudi riyal 54.523 100
Hungarian forint 3,986.94 100
Polish zloty 54.151 100
Danish krone 96.55 100
Swedish krona 126.32 100
Norwegian krone 122.14 100
Turkish lira 51.875 100
Mexican peso 268.83 100
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.)
