BEIJING, Feb. 25 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 693.21
Euro 100 813.52
Japanese yen 100 4.4388
Hong Kong dollar 100 88.611
British pound 100 931.75
Australian dollar 100 487.33
New Zealand dollar 100 411.30
Singapore dollar 100 545.50
Swiss franc 100 892.37
Canadian dollar 100 503.87
Pataca 116.30 100
Malaysian ringgit 56.323 100
Ruble 1,112.60 100
Rand 230.94 100
Korean won 20,903 100
UAE dirham 53.18 100
Saudi riyal 54.317 100
Hungarian forint 4,644.86 100
Polish zloty 51.755 100
Danish krone 91.87 100
Swedish krona 131.00 100
Norwegian krone 138.59 100
Turkish lira 634.527 100
Mexican peso 248.12 100
Thai baht 450.54 100
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. ■
