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 Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 712.80
Euro 100 762.69
Japanese yen 100 5.091
Hong Kong dollar 100 90.906
British pound 100 886.68
Australian dollar 100 474.42
New Zealand dollar 100 430.33
Singapore dollar 100 528.47
Swiss franc 100 783.44
Canadian dollar 100 532.96
Malaysian ringgit 64.501 100
Ruble 1,143.64 100
Rand 267.81 100
Korean won 18,318 100
UAE dirham 51.525 100
Saudi riyal 52.609 100
Hungarian forint 4,830.73 100
Polish zloty 58.803 100
Danish krone 97.65 100
Swedish krona 152.88 100
Norwegian krone 155.02 100
Turkish lira 327.039 100
Mexican peso 243.55 100
Thai baht 488.51 100
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.