BEIJING, Jan. 29 (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 100 697.71
Euro 100 833.49
Japanese yen 100 4.5437
Hong Kong dollar 100 89.435
British pound 100 961.75
Australian dollar 100 490.00
New Zealand dollar 100 421.73
Singapore dollar 100 551.81
Swiss franc 100 907.79
Canadian dollar 100 513.72
Pataca 115.22 100
Malaysian ringgit 56.213 100
Ruble 1,100.95 100
Rand 225.93 100
Korean won 20,576 100
UAE dirham 52.781 100
Saudi riyal 53.889 100
Hungarian forint 4,562.18 100
Polish zloty 50.463 100
Danish krone 89.62 100
Swedish krona 126.78 100
Norwegian krone 137.60 100
Turkish lira 623.727 100
Mexican peso 246.56 100
Thai baht 446.79 100
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. ■
