BEIJING, April 25 (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 100 688.47
Euro 100 761.09
Japanese yen 100 5.1357
Hong Kong dollar 100 87.715
British pound 100 860.39
Australian dollar 100 461.33
New Zealand dollar 100 425.00
Singapore dollar 100 516.54
Swiss franc 100 776.11
Canadian dollar 100 508.68
Malaysian ringgit 64.266 100
Ruble 1,182.74 100
Rand 263.61 100
Korean won 19,335 100
UAE dirham 53.333 100
Saudi riyal 54.477 100
Hungarian forint 4,936.40 100
Polish zloty 60.426 100
Danish krone 97.93 100
Swedish krona 148.78 100
Norwegian krone 152.88 100
Turkish lira 281.783 100
Mexican peso 261.17 100
Thai baht 498.34 100
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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