BEIJING, Oct. 13 (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 100 710.07
Euro 100 825.24
Japanese yen 100 4.6845
Hong Kong dollar 100 91.251
British pound 100 948.74
Australian dollar 100 462.27
New Zealand dollar 100 407.58
Singapore dollar 100 548.37
Swiss franc 100 886.55
Canadian dollar 100 508.10
Pataca 112.94 100
Malaysian ringgit 59.306 100
Ruble 1,147.34 100
Rand 244.84 100
Korean won 20,047 100
UAE dirham 51.633 100
Saudi riyal 52.734 100
Hungarian forint 4,748.77 100
Polish zloty 51.65 100
Danish krone 90.48 100
Swedish krona 133.68 100
Norwegian krone 142.05 100
Turkish lira 587.718 100
Mexican peso 260.32 100
Thai baht 458.51 100
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. ■
