BEIJING, April 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 709.47
Euro 100 771.37
Japanese yen 100 4.7065
Hong Kong dollar 100 90.623
British pound 100 898.91
Australian dollar 100 468.48
New Zealand dollar 100 429.13
Singapore dollar 100 527.63
Swiss franc 100 788.34
Canadian dollar 100 524.09
Pataca 113.66 100
Malaysian ringgit 66.951 100
Ruble 1,292.02 100
Rand 263.21 100
Korean won 18,875 100
UAE dirham 51.617 100
Saudi riyal 52.721 100
Hungarian forint 5,073.04 100
Polish zloty 55.761 100
Danish krone 97.08 100
Swedish krona 149.49 100
Norwegian krone 151.10 100
Turkish lira 449.366 100
Mexican peso 232.21 100
Thai baht 512.52 100
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. ■
