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 Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 703.26
Euro 100 760.31
Japanese yen 100 5.0713
Hong Kong dollar 100 89.842
British pound 100 874.54
Australian dollar 100 467.72
New Zealand dollar 100 442.12
Singapore dollar 100 522.35
Swiss franc 100 782.84
Canadian dollar 100 520.83
Malaysian ringgit 64.689 100
Ruble 1,143.60 100
Rand 273.91 100
Korean won 18,678 100
UAE dirham 52.213 100
Saudi riyal 53.323 100
Hungarian forint 4,918.91 100
Polish zloty 59.223 100
Danish krone 97.94 100
Swedish krona 150.17 100
Norwegian krone 155.01 100
Turkish lira 282.132 100
Mexican peso 254.43 100
Thai baht 489.95 100
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.