BEIJING, May 31 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 641.44
Euro 100 748.14
Japanese yen 100 5.8986
Hong Kong dollar 100 81.754
British pound 100 852.10
Australian dollar 100 485.67
New Zealand dollar 100 447.91
Singapore dollar 100 479.01
Swiss franc 100 648.90
Canadian dollar 100 497.83
Malaysian ringgit 62.150 100
Ruble 968.21 100
Rand 195.33 100
Korean won 16,807 100
UAE dirham 57.265 100
Saudi riyal 58.473 100
Hungarian forint 4,273.24 100
Polish zloty 57.607 100
Danish krone 99.49 100
Swedish krona 137.35 100
Norwegian krone 127.64 100
Turkish lira 69.685 100
Mexican peso 308.58 100
Thai baht 499.48 100
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.
