BEIJING, May 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 635.84
Euro 100 760.47
Japanese yen 100 5.8258
Hong Kong dollar 100 81.005
British pound 100 860.75
Australian dollar 100 478.64
New Zealand dollar 100 446.33
Singapore dollar 100 476.69
Swiss franc 100 635.72
Canadian dollar 100 494.72
Malaysian ringgit 61.944 100
Ruble 983.34 100
Rand 196.76 100
Korean won 16,923 100
UAE dirham 57.772 100
Saudi riyal 58.989 100
Hungarian forint 4,125.39 100
Polish zloty 55.840 100
Danish krone 97.98 100
Swedish krona 138.61 100
Norwegian krone 126.70 100
Turkish lira 66.749 100
Mexican peso 303.02 100
Thai baht 499.22 100
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.)
