BEIJING, Oct. 9 (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 100 711.02
Euro 100 828.25
Japanese yen 100 4.6648
Hong Kong dollar 100 91.377
British pound 100 954.77
Australian dollar 100 469.27
New Zealand dollar 100 412.45
Singapore dollar 100 549.72
Swiss franc 100 888.87
Canadian dollar 100 510.67
Pataca 112.77 100
Malaysian ringgit 59.165 100
Ruble 1,142.19 100
Rand 240.79 100
Korean won 19,849 100
UAE dirham 51.559 100
Saudi riyal 52.66 100
Hungarian forint 4,724.64 100
Polish zloty 51.373 100
Danish krone 90.18 100
Swedish krona 132.36 100
Norwegian krone 140.08 100
Turkish lira 585.725 100
Mexican peso 257.56 100
Thai baht 456.66 100
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. ■
