BEIJING, May 28 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 689.73
Euro 100 771.89
Japanese yen 100 6.2955
Hong Kong dollar 100 87.879
British pound 100 874.46
Australian dollar 100 477.27
New Zealand dollar 100 451.43
Singapore dollar 100 501.47
Swiss franc 100 686.91
Canadian dollar 100 513.20
Malaysian ringgit 60.693 100
Ruble 933.22 100
Rand 209.19 100
Korean won 17,173 100
UAE dirham 53.259 100
Saudi riyal 54.375 100
Hungarian forint 4,219.20 100
Polish zloty 55.574 100
Danish krone 96.72 100
Swedish krona 138.90 100
Norwegian krone 126.21 100
Turkish lira 87.963 100
Mexican peso 276.28 100
Thai baht 461.37 100
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.
