BEIJING, June 8 (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 100 666.34
Euro 100 712.89
Japanese yen 100 5.0168
Hong Kong dollar 100 84.927
British pound 100 838.72
Australian dollar 100 481.39
New Zealand dollar 100 431.90
Singapore dollar 100 484.84
Swiss franc 100 684.54
Canadian dollar 100 531.53
Malaysian ringgit 65.946 100
Ruble 924.34 100
Rand 230.82 100
Korean won 18,826 100
UAE dirham 55.119 100
Saudi riyal 56.294 100
Hungarian forint 5,447.90 100
Polish zloty 64.17 100
Danish krone 104.33 100
Swedish krona 146.99 100
Norwegian krone 141.98 100
Turkish lira 252.684 100
Mexican peso 293.97 100
Thai baht 516.68 100
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.
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