BEIJING, Feb. 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 710.49
Euro 100 766.09
Japanese yen 100 4.8244
Hong Kong dollar 100 90.843
British pound 100 897.30
Australian dollar 100 465.17
New Zealand dollar 100 435.08
Singapore dollar 100 529.67
Swiss franc 100 818.88
Canadian dollar 100 528.26
Pataca 113.50 100
Malaysian ringgit 67.086 100
Ruble 1,267.81 100
Rand 264.74 100
Korean won 18,550 100
UAE dirham 51.618 100
Saudi riyal 52.704 100
Hungarian forint 5,057.70 100
Polish zloty 56.917 100
Danish krone 97.63 100
Swedish krona 147.44 100
Norwegian krone 148.76 100
Turkish lira 429.465 100
Mexican peso 239.94 100
Thai baht 497.87 100
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. ■