BEIJING, Jan. 5 (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 100 702.30
Euro 100 820.27
Japanese yen 100 4.466
Hong Kong dollar 100 90.141
British pound 100 941.68
Australian dollar 100 468.17
New Zealand dollar 100 403.07
Singapore dollar 100 544.28
Swiss franc 100 883.42
Canadian dollar 100 509.45
Pataca 114.35 100
Malaysian ringgit 57.882 100
Ruble 1,149.24 100
Rand 235.39 100
Korean won 20,648 100
UAE dirham 52.46 100
Saudi riyal 53.568 100
Hungarian forint 4,678.37 100
Polish zloty 51.332 100
Danish krone 91.12 100
Swedish krona 131.77 100
Norwegian krone 143.81 100
Turkish lira 614.53 100
Mexican peso 255.57 100
Thai baht 450.08 100
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. ■
