BEIJING, Sept. 4 (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 100 711.48
Euro 100 785.82
Japanese yen 100 4.9008
Hong Kong dollar 100 91.255
British pound 100 932.73
Australian dollar 100 477.55
New Zealand dollar 100 440.18
Singapore dollar 100 544.51
Swiss franc 100 837.09
Canadian dollar 100 525.33
Pataca 112.93 100
Malaysian ringgit 61.345 100
Ruble 1,233.37 100
Rand 252.56 100
Korean won 18,853 100
UAE dirham 51.634 100
Saudi riyal 52.747 100
Hungarian forint 5,008.95 100
Polish zloty 54.454 100
Danish krone 94.92 100
Swedish krona 144.80 100
Norwegian krone 150.21 100
Turkish lira 477.911 100
Mexican peso 278.45 100
Thai baht 481.29 100
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. ■
