BEIJING, May 23 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 637.73
Euro 100 751.30
Japanese yen 100 5.7531
Hong Kong dollar 100 81.242
British pound 100 856.62
Australian dollar 100 483.08
New Zealand dollar 100 442.41
Singapore dollar 100 476.13
Swiss franc 100 642.54
Canadian dollar 100 497.43
Malaysian ringgit 62.237 100
Ruble 961.01 100
Rand 197.21 100
Korean won 16,902 100
UAE dirham 57.608 100
Saudi riyal 58.821 100
Hungarian forint 4,231.14 100
Polish zloty 57.043 100
Danish krone 99.15 100
Swedish krona 136.23 100
Norwegian krone 126.35 100
Turkish lira 74.502 100
Mexican peso 310.09 100
Thai baht 502.43 100
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.)
