BEIJING, May 11 (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 100 707.69
Euro 100 766.86
Japanese yen 100 6.6187
Hong Kong dollar 100 91.302
British pound 100 878.15
Australian dollar 100 461.82
New Zealand dollar 100 433.77
Singapore dollar 100 500.68
Swiss franc 100 728.48
Canadian dollar 100 507.72
Malaysian ringgit 61.047 100
Ruble 1,037.39 100
Rand 259.35 100
Korean won 17,224 100
UAE dirham 51.90 100
Saudi riyal 53.08 100
Hungarian forint 4,555.49 100
Polish zloty 59.295 100
Danish krone 97.28 100
Swedish krona 138.31 100
Norwegian krone 144.26 100
Turkish lira 100.18 100
Mexican peso 334.50 100
Thai baht 455.40 100
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. Enditem
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