BEIJING, Aug. 21 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 678.17
Euro 100 789.06
Japanese yen 100 4.2516
Hong Kong dollar 100 86.466
British pound 100 921.01
Australian dollar 100 480.58
New Zealand dollar 100 401.80
Singapore dollar 100 531.15
Swiss franc 100 844.79
Canadian dollar 100 489.66
Pataca 119.17 100
Malaysian ringgit 59.817 100
Ruble 1,232.75 100
Rand 238.48 100
Korean won 20,620 100
UAE dirham 54.424 100
Saudi riyal 55.637 100
Hungarian forint 4,613.06 100
Polish zloty 54.629 100
Danish krone 94.74 100
Swedish krona 140.46 100
Norwegian krone 138.51 100
Turkish lira 711.112 100
Mexican peso 250.49 100
Thai baht 487.16 100
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. ■
