BEIJING, April 16 (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 100 710.28
Euro 100 759.69
Japanese yen 100 4.6419
Hong Kong dollar 100 90.705
British pound 100 889.83
Australian dollar 100 461.51
New Zealand dollar 100 422.88
Singapore dollar 100 523.77
Swiss franc 100 783.02
Canadian dollar 100 519.35
Pataca 113.61 100
Malaysian ringgit 67.186 100
Ruble 1,304.60 100
Rand 266.05 100
Korean won 19,280 100
UAE dirham 51.478 100
Saudi riyal 52.582 100
Hungarian forint 5,185.53 100
Polish zloty 56.649 100
Danish krone 98.42 100
Swedish krona 151.98 100
Norwegian krone 152.83 100
Turkish lira 454.144 100
Mexican peso 234.40 100
Thai baht 512.25 100
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. ■