BEIJING, July 25 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 713.21
Euro 100 776.43
Japanese yen 100 4.6703
Hong Kong dollar 100 91.34
British pound 100 923.92
Australian dollar 100 471.68
New Zealand dollar 100 425.83
Singapore dollar 100 532.89
Swiss franc 100 808.00
Canadian dollar 100 519.23
Pataca 112.83 100
Malaysian ringgit 65.536 100
Ruble 1,199.76 100
Rand 256.77 100
Korean won 19,204 100
UAE dirham 51.332 100
Saudi riyal 52.426 100
Hungarian forint 5,088.99 100
Polish zloty 55.589 100
Danish krone 96.49 100
Swedish krona 150.41 100
Norwegian krone 154.14 100
Turkish lira 458.919 100
Mexican peso 257.98 100
Thai baht 502.10 100
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. ■