BEIJING, March 13 (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 100 709.30
Euro 100 777.96
Japanese yen 100 4.8256
Hong Kong dollar 100 90.661
British pound 100 910.89
Australian dollar 100 470.77
New Zealand dollar 100 438.54
Singapore dollar 100 534.04
Swiss franc 100 811.52
Canadian dollar 100 528.10
Pataca 113.66 100
Malaysian ringgit 65.912 100
Ruble 1,284.75 100
Rand 262.61 100
Korean won 18,370 100
UAE dirham 51.619 100
Saudi riyal 52.709 100
Hungarian forint 5,141.64 100
Polish zloty 55.27 100
Danish krone 96.06 100
Swedish krona 143.72 100
Norwegian krone 147.76 100
Turkish lira 450.904 100
Mexican peso 236.66 100
Thai baht 499.63 100
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. ■
