BEIJING, Oct. 9 (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 100 705.68
Euro 100 774.61
Japanese yen 100 4.7604
Hong Kong dollar 100 90.767
British pound 100 924.34
Australian dollar 100 475.68
New Zealand dollar 100 432.56
Singapore dollar 100 541.06
Swiss franc 100 823.19
Canadian dollar 100 516.97
Pataca 113.44 100
Malaysian ringgit 60.749 100
Ruble 1,370.77 100
Rand 249.21 100
Korean won 18,997 100
UAE dirham 52.041 100
Saudi riyal 53.203 100
Hungarian forint 5,156.07 100
Polish zloty 55.541 100
Danish krone 96.28 100
Swedish krona 146.37 100
Norwegian krone 151.73 100
Turkish lira 485.221 100
Mexican peso 274.22 100
Thai baht 475.08 100
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. ■
