BEIJING, Feb. 20 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 710.68
Euro 100 767.99
Japanese yen 100 4.7531
Hong Kong dollar 100 90.862
British pound 100 897.38
Australian dollar 100 466.05
New Zealand dollar 100 438.81
Singapore dollar 100 529.12
Swiss franc 100 807.54
Canadian dollar 100 528.52
Pataca 113.44 100
Malaysian ringgit 67.424 100
Ruble 1,293.05 100
Rand 266.27 100
Korean won 18,674 100
UAE dirham 51.564 100
Saudi riyal 52.654 100
Hungarian forint 5,078.46 100
Polish zloty 56.537 100
Danish krone 97.32 100
Swedish krona 145.78 100
Norwegian krone 147.31 100
Turkish lira 433.329 100
Mexican peso 239.96 100
Thai baht 504.61 100
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. ■