BEIJING, April 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 710.20
Euro 100 759.80
Japanese yen 100 4.6363
Hong Kong dollar 100 90.707
British pound 100 888.54
Australian dollar 100 459.29
New Zealand dollar 100 421.49
Singapore dollar 100 523.92
Swiss franc 100 782.71
Canadian dollar 100 518.63
Pataca 113.73 100
Malaysian ringgit 67.259 100
Ruble 1,314.11 100
Rand 266.81 100
Korean won 19,208 100
UAE dirham 51.583 100
Saudi riyal 52.666 100
Hungarian forint 5,169.07 100
Polish zloty 56.945 100
Danish krone 98.45 100
Swedish krona 153.42 100
Norwegian krone 154.47 100
Turkish lira 455.275 100
Mexican peso 237.95 100
Thai baht 513.51 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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. ■