BEIJING, Aug. 8 (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 100 714.60
Euro 100 781.51
Japanese yen 100 4.9002
Hong Kong dollar 100 91.733
British pound 100 907.01
Australian dollar 100 466.17
New Zealand dollar 100 428.80
Singapore dollar 100 538.82
Swiss franc 100 831.98
Canadian dollar 100 520.08
Pataca 112.34 100
Malaysian ringgit 62.821 100
Ruble 1,198.26 100
Rand 257.42 100
Korean won 19,243 100
UAE dirham 51.381 100
Saudi riyal 52.506 100
Hungarian forint 5,098.97 100
Polish zloty 55.408 100
Danish krone 95.58 100
Swedish krona 146.39 100
Norwegian krone 151.19 100
Turkish lira 469.123 100
Mexican peso 269.96 100
Thai baht 497.22 100
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. ■
