BEIJING, March 12 (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 100 689.59
Euro 100 795.68
Japanese yen 100 4.3339
Hong Kong dollar 100 88.128
British pound 100 922.25
Australian dollar 100 491.58
New Zealand dollar 100 406.63
Singapore dollar 100 540.21
Swiss franc 100 881.63
Canadian dollar 100 506.55
Pataca 116.93 100
Malaysian ringgit 56.911 100
Ruble 1,150.04 100
Rand 240.16 100
Korean won 21,463 100
UAE dirham 53.31 100
Saudi riyal 54.466 100
Hungarian forint 4,872.41 100
Polish zloty 53.399 100
Danish krone 93.90 100
Swedish krona 134.19 100
Norwegian krone 140.17 100
Turkish lira 639.958 100
Mexican peso 257.33 100
Thai baht 463.75 100
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. ■
