BEIJING, March 27 (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 100 717.63
Euro 100 774.85
Japanese yen 100 4.8045
Hong Kong dollar 100 92.294
British pound 100 928.92
Australian dollar 100 454.23
New Zealand dollar 100 414.03
Singapore dollar 100 537.46
Swiss franc 100 814.99
Canadian dollar 100 505.18
Pataca 111.69 100
Malaysian ringgit 61.475 100
Ruble 1,161.56 100
Rand 253.75 100
Korean won 20,279 100
UAE dirham 50.896 100
Saudi riyal 51.982 100
Hungarian forint 5,169.60 100
Polish zloty 54.037 100
Danish krone 96.37 100
Swedish krona 139.59 100
Norwegian krone 146.52 100
Turkish lira 526.306 100
Mexican peso 280.83 100
Thai baht 469.55 100
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. ■
