BEIJING, July 17 (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 100 714.61
Euro 100 832.07
Japanese yen 100 4.8406
Hong Kong dollar 100 91.035
British pound 100 959.53
Australian dollar 100 466.58
New Zealand dollar 100 425.25
Singapore dollar 100 558.02
Swiss franc 100 893.14
Canadian dollar 100 522.74
Pataca 113.2 100
Malaysian ringgit 59.314 100
Ruble 1,090.57 100
Rand 249.24 100
Korean won 19,383 100
UAE dirham 51.323 100
Saudi riyal 52.406 100
Hungarian forint 4,797.56 100
Polish zloty 51.079 100
Danish krone 89.71 100
Swedish krona 135.9 100
Norwegian krone 143.3 100
Turkish lira 562.195 100
Mexican peso 261.64 100
Thai baht 453.32 100
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. ■
