BEIJING, May 17 (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 100 688.59
Euro 100 769.26
Japanese yen 100 6.2688
Hong Kong dollar 100 87.724
British pound 100 881.01
Australian dollar 100 474.38
New Zealand dollar 100 449.88
Singapore dollar 100 501.47
Swiss franc 100 681.75
Canadian dollar 100 511.54
Malaysian ringgit 60.481 100
Ruble 939.10 100
Rand 207.51 100
Korean won 17,299 100
UAE dirham 53.346 100
Saudi riyal 54.464 100
Hungarian forint 4,217.91 100
Polish zloty 55.918 100
Danish krone 97.07 100
Swedish krona 140.05 100
Norwegian krone 127.12 100
Turkish lira 87.951 100
Mexican peso 277.58 100
Thai baht 459.79 100
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.
