BEIJING, Dec. 29 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 703.31
Euro 100 826.30
Japanese yen 100 4.4833
Hong Kong dollar 100 90.494
British pound 100 946.61
Australian dollar 100 470.61
New Zealand dollar 100 408.19
Singapore dollar 100 546.33
Swiss franc 100 889.04
Canadian dollar 100 513.05
Pataca 113.87 100
Malaysian ringgit 57.609 100
Ruble 1,102.60 100
Rand 237.47 100
Korean won 20,528 100
UAE dirham 52.388 100
Saudi riyal 53.49 100
Hungarian forint 4,687.64 100
Polish zloty 51.013 100
Danish krone 90.45 100
Swedish krona 130.55 100
Norwegian krone 142.72 100
Turkish lira 611.954 100
Mexican peso 254.97 100
Thai baht 443.16 100
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. ■
