BEIJING, Feb. 1 (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 100 710.49
Euro 100 769.53
Japanese yen 100 4.8564
Hong Kong dollar 100 90.879
British pound 100 903.94
Australian dollar 100 468.10
New Zealand dollar 100 436.21
Singapore dollar 100 531.51
Swiss franc 100 826.89
Canadian dollar 100 530.79
Pataca 113.43 100
Malaysian ringgit 66.551 100
Ruble 1,259.09 100
Rand 262.21 100
Korean won 18,657 100
UAE dirham 51.563 100
Saudi riyal 52.646 100
Hungarian forint 4,991.87 100
Polish zloty 56.311 100
Danish krone 96.95 100
Swedish krona 146.00 100
Norwegian krone 147.74 100
Turkish lira 426.163 100
Mexican peso 242.14 100
Thai baht 497.62 100
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. ■
