BEIJING, March 3 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 690.88
Euro 100 807.32
Japanese yen 100 4.3969
Hong Kong dollar 100 88.327
British pound 100 925.84
Australian dollar 100 490.25
New Zealand dollar 100 410.34
Singapore dollar 100 542.51
Swiss franc 100 886.91
Canadian dollar 100 504.72
Pataca 116.67 100
Malaysian ringgit 56.82 100
Ruble 1,123.41 100
Rand 232.85 100
Korean won 21,091 100
UAE dirham 53.223 100
Saudi riyal 54.384 100
Hungarian forint 4,701.42 100
Polish zloty 52.419 100
Danish krone 92.53 100
Swedish krona 132.70 100
Norwegian krone 138.71 100
Turkish lira 636.737 100
Mexican peso 250.36 100
Thai baht 454.91 100
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. ■
