BEIJING, June 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 681.30
Euro 100 781.74
Japanese yen 100 4.2336
Hong Kong dollar 100 86.948
British pound 100 903.92
Australian dollar 100 477.02
New Zealand dollar 100 392.59
Singapore dollar 100 527.64
Swiss franc 100 850.38
Canadian dollar 100 481.68
Pataca 118.51 100
Malaysian ringgit 59.962 100
Ruble 1,076.47 100
Rand 240.85 100
Korean won 22,487 100
UAE dirham 54.076 100
Saudi riyal 55.256 100
Hungarian forint 4,487.93 100
Polish zloty 54.243 100
Danish krone 95.58 100
Swedish krona 139.97 100
Norwegian krone 141.54 100
Turkish lira 683.324 100
Mexican peso 254.28 100
Thai baht 481.97 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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. ■
