BEIJING, June 10 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 669.94
Euro 100 711.46
Japanese yen 100 4.9857
Hong Kong dollar 100 85.355
British pound 100 836.85
Australian dollar 100 475.65
New Zealand dollar 100 427.88
Singapore dollar 100 484.58
Swiss franc 100 683.28
Canadian dollar 100 527.57
Malaysian ringgit 65.634 100
Ruble 863.34 100
Rand 231.34 100
Korean won 18,871 100
UAE dirham 54.808 100
Saudi riyal 55.977 100
Hungarian forint 5,553.78 100
Polish zloty 64.703 100
Danish krone 104.56 100
Swedish krona 147.98 100
Norwegian krone 143.10 100
Turkish lira 257.359 100
Mexican peso 293.54 100
Thai baht 516.18 100
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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