BEIJING, May 24 (Xinhua) -- The following are the central parity rates of the Chinese yuan against 24 major currencies announced Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 689.93
Euro 100 771.31
Japanese yen 100 6.2978
Hong Kong dollar 100 87.909
British pound 100 873.75
Australian dollar 100 476.03
New Zealand dollar 100 450.02
Singapore dollar 100 500.33
Swiss franc 100 687.74
Canadian dollar 100 512.01
Malaysian ringgit 60.742 100
Ruble 939.37 100
Rand 209.95 100
Korean won 17,227 100
UAE dirham 53.242 100
Saudi riyal 54.36 100
Hungarian forint 4,231.01 100
Polish zloty 55.79 100
Danish krone 96.81 100
Swedish krona 139.40 100
Norwegian krone 126.92 100
Turkish lira 88.683 100
Mexican peso 276.01 100
Thai baht 461.34 100
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. Enditem
(This article is generated by Xinhua News Robot.)
