BEIJING, Aug. 21 (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 100 713.07
Euro 100 793.25
Japanese yen 100 4.9141
Hong Kong dollar 100 91.553
British pound 100 929.02
Australian dollar 100 480.97
New Zealand dollar 100 439.03
Singapore dollar 100 546.53
Swiss franc 100 836.15
Canadian dollar 100 523.57
Pataca 112.59 100
Malaysian ringgit 61.282 100
Ruble 1,278.02 100
Rand 249.65 100
Korean won 18,656 100
UAE dirham 51.522 100
Saudi riyal 52.638 100
Hungarian forint 4,959.77 100
Polish zloty 53.877 100
Danish krone 94.05 100
Swedish krona 143.11 100
Norwegian krone 147.17 100
Turkish lira 475.48 100
Mexican peso 266.58 100
Thai baht 479.12 100
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. ■
