BEIJING, June 12 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 689.32
Euro 100 781.47
Japanese yen 100 6.3569
Hong Kong dollar 100 88.027
British pound 100 877.73
Australian dollar 100 480.14
New Zealand dollar 100 454.01
Singapore dollar 100 505.95
Swiss franc 100 695.16
Canadian dollar 100 519.44
Malaysian ringgit 60.308 100
Ruble 934.77 100
Rand 212.74 100
Korean won 17,087 100
UAE dirham 53.241 100
Saudi riyal 54.368 100
Hungarian forint 4,108.81 100
Polish zloty 54.554 100
Danish krone 95.57 100
Swedish krona 136.96 100
Norwegian krone 125.09 100
Turkish lira 84.124 100
Mexican peso 277.14 100
Thai baht 453.13 100
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.