BEIJING, May 9 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 720.95
Euro 100 811.18
Japanese yen 100 4.9518
Hong Kong dollar 100 92.764
British pound 100 957.24
Australian dollar 100 462.69
New Zealand dollar 100 427.17
Singapore dollar 100 555.63
Swiss franc 100 869.27
Canadian dollar 100 519.59
Pataca 111.09 100
Malaysian ringgit 59.397 100
Ruble 1,138.76 100
Rand 252.14 100
Korean won 19,441 100
UAE dirham 50.799 100
Saudi riyal 51.875 100
Hungarian forint 4,999.90 100
Polish zloty 52.46 100
Danish krone 91.97 100
Swedish krona 134.71 100
Norwegian krone 144.28 100
Turkish lira 535.694 100
Mexican peso 270.53 100
Thai baht 456.04 100
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. ■
