BEIJING, April 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 719.80
Euro 100 793.56
Japanese yen 100 4.9942
Hong Kong dollar 100 92.612
British pound 100 934.39
Australian dollar 100 435.55
New Zealand dollar 100 403.36
Singapore dollar 100 537.19
Swiss franc 100 846.07
Canadian dollar 100 509.21
Pataca 111.37 100
Malaysian ringgit 61.467 100
Ruble 1,158.81 100
Rand 266.22 100
Korean won 20,214 100
UAE dirham 50.763 100
Saudi riyal 51.862 100
Hungarian forint 5,114.88 100
Polish zloty 53.732 100
Danish krone 94.14 100
Swedish krona 137.93 100
Norwegian krone 148.77 100
Turkish lira 524.62 100
Mexican peso 285.57 100
Thai baht 474.84 100
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. ■
