BEIJING, Aug. 22 (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 100 712.28
Euro 100 794.63
Japanese yen 100 4.9139
Hong Kong dollar 100 91.411
British pound 100 932.54
Australian dollar 100 480.72
New Zealand dollar 100 438.81
Singapore dollar 100 545.95
Swiss franc 100 837.33
Canadian dollar 100 524.40
Pataca 112.74 100
Malaysian ringgit 61.37 100
Ruble 1,283.56 100
Rand 250.54 100
Korean won 18,714 100
UAE dirham 51.556 100
Saudi riyal 52.658 100
Hungarian forint 4,938.74 100
Polish zloty 53.809 100
Danish krone 93.92 100
Swedish krona 142.97 100
Norwegian krone 147.39 100
Turkish lira 476.177 100
Mexican peso 270.63 100
Thai baht 481.03 100
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. ■
