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 Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 689.92
Euro 100 768.33
Japanese yen 100 6.3019
Hong Kong dollar 100 87.913
British pound 100 870.42
Australian dollar 100 477.04
New Zealand dollar 100 449.22
Singapore dollar 100 500.49
Swiss franc 100 685.10
Canadian dollar 100 511.37
Malaysian ringgit 60.743 100
Ruble 946.08 100
Rand 213.36 100
Korean won 17,232 100
UAE dirham 53.222 100
Saudi riyal 54.342 100
Hungarian forint 4,225.88 100
Polish zloty 55.816 100
Danish krone 97.21 100
Swedish krona 138.12 100
Norwegian krone 127.08 100
Turkish lira 85.59 100
Mexican peso 279.25 100
Thai baht 460.58 100
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.)
