BEIJING, May 23 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 667.56
Euro 100 706.34
Japanese yen 100 5.2224
Hong Kong dollar 100 85.063
British pound 100 835.25
Australian dollar 100 471.78
New Zealand dollar 100 429.06
Singapore dollar 100 484.51
Swiss franc 100 685.33
Canadian dollar 100 521.09
Malaysian ringgit 65.687 100
Ruble 917.02 100
Rand 237.36 100
Korean won 18,989 100
UAE dirham 54.985 100
Saudi riyal 56.156 100
Hungarian forint 5,434.18 100
Polish zloty 65.542 100
Danish krone 105.38 100
Swedish krona 148.64 100
Norwegian krone 145.53 100
Turkish lira 238.426 100
Mexican peso 297.23 100
Thai baht 513.85 100
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. ■
