BEIJING, April 24 (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 100 720.98
Euro 100 821.24
Japanese yen 100 5.0703
Hong Kong dollar 100 92.915
British pound 100 961.37
Australian dollar 100 462.02
New Zealand dollar 100 432.83
Singapore dollar 100 550.52
Swiss franc 100 872.97
Canadian dollar 100 523.10
Pataca 110.92 100
Malaysian ringgit 60.669 100
Ruble 1,137.78 100
Rand 257.66 100
Korean won 19,668 100
UAE dirham 50.681 100
Saudi riyal 51.745 100
Hungarian forint 4,975.85 100
Polish zloty 52.167 100
Danish krone 90.99 100
Swedish krona 133.51 100
Norwegian krone 144.96 100
Turkish lira 527.933 100
Mexican peso 271.35 100
Thai baht 461.22 100
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. ■
