BEIJING, May 16 (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 100 637.45
Euro 100 753.52
Japanese yen 100 5.7784
Hong Kong dollar 100 81.206
British pound 100 860.29
Australian dollar 100 476.02
New Zealand dollar 100 437.29
Singapore dollar 100 473.81
Swiss franc 100 636.57
Canadian dollar 100 494.95
Malaysian ringgit 62.128 100
Ruble 977.51 100
Rand 197.47 100
Korean won 16,938 100
UAE dirham 57.670 100
Saudi riyal 58.886 100
Hungarian forint 4,200.70 100
Polish zloty 57.025 100
Danish krone 98.82 100
Swedish krona 136.42 100
Norwegian krone 127.48 100
Turkish lira 69.922 100
Mexican peso 308.93 100
Thai baht 504.05 100
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.)
