BEIJING, July 28 (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 100 714.67
Euro 100 840.99
Japanese yen 100 4.8401
Hong Kong dollar 100 91.051
British pound 100 961.61
Australian dollar 100 470.34
New Zealand dollar 100 431.03
Singapore dollar 100 558.50
Swiss franc 100 899.45
Canadian dollar 100 522.30
Pataca 113.18 100
Malaysian ringgit 59.01 100
Ruble 1,108.12 100
Rand 248.15 100
Korean won 19,308 100
UAE dirham 51.34 100
Saudi riyal 52.439 100
Hungarian forint 4,710.93 100
Polish zloty 50.503 100
Danish krone 88.74 100
Swedish krona 132.83 100
Norwegian krone 141.65 100
Turkish lira 566.626 100
Mexican peso 259.07 100
Thai baht 452.75 100
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. ■
