BEIJING, April 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 720.38
Euro 100 791.55
Japanese yen 100 4.916
Hong Kong dollar 100 92.701
British pound 100 925.63
Australian dollar 100 437.29
New Zealand dollar 100 404.08
Singapore dollar 100 536.01
Swiss franc 100 842.16
Canadian dollar 100 510.19
Pataca 111.19 100
Malaysian ringgit 61.901 100
Ruble 1,178.08 100
Rand 270.25 100
Korean won 20,184 100
UAE dirham 50.648 100
Saudi riyal 51.765 100
Hungarian forint 5,152.56 100
Polish zloty 54.297 100
Danish krone 94.52 100
Swedish krona 138.47 100
Norwegian krone 150.71 100
Turkish lira 523.387 100
Mexican peso 286.05 100
Thai baht 474.53 100
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. ■
