BEIJING, June 13 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 714.98
Euro 100 769.53
Japanese yen 100 5.1264
Hong Kong dollar 100 91.256
British pound 100 894.71
Australian dollar 100 482.72
New Zealand dollar 100 437.96
Singapore dollar 100 532.18
Swiss franc 100 786.98
Canadian dollar 100 534.97
Malaysian ringgit 64.604 100
Ruble 1,171.84 100
Rand 259.57 100
Korean won 17,973 100
UAE dirham 51.366 100
Saudi riyal 52.453 100
Hungarian forint 4,795.48 100
Polish zloty 57.786 100
Danish krone 96.84 100
Swedish krona 151.31 100
Norwegian krone 151.01 100
Turkish lira 330.954 100
Mexican peso 241.75 100
Thai baht 484.58 100
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.