BEIJING, April 3 (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 100 718.89
Euro 100 784.14
Japanese yen 100 4.8767
Hong Kong dollar 100 92.353
British pound 100 939.03
Australian dollar 100 451.85
New Zealand dollar 100 413.67
Singapore dollar 100 534.78
Swiss franc 100 819.15
Canadian dollar 100 506.50
Pataca 111.58 100
Malaysian ringgit 61.947 100
Ruble 1,162.22 100
Rand 263.28 100
Korean won 20,255 100
UAE dirham 50.99 100
Saudi riyal 52.066 100
Hungarian forint 5,114.52 100
Polish zloty 53.275 100
Danish krone 95.22 100
Swedish krona 136.79 100
Norwegian krone 144.32 100
Turkish lira 526.14 100
Mexican peso 281.49 100
Thai baht 474.57 100
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. ■
