BEIJING, May 11 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 635.24
Euro 100 756.85
Japanese yen 100 5.8020
Hong Kong dollar 100 80.925
British pound 100 858.47
Australian dollar 100 478.01
New Zealand dollar 100 442.33
Singapore dollar 100 474.61
Swiss franc 100 633.11
Canadian dollar 100 497.37
Malaysian ringgit 62.202 100
Ruble 971.83 100
Rand 193.80 100
Korean won 16,850 100
UAE dirham 57.847 100
Saudi riyal 59.063 100
Hungarian forint 4,152.61 100
Polish zloty 56.193 100
Danish krone 98.47 100
Swedish krona 136.17 100
Norwegian krone 125.98 100
Turkish lira 66.733 100
Mexican peso 303.13 100
Thai baht 503.53 100
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 22 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.)
