BEIJING, March 13 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 690.07
Euro 100 794.02
Japanese yen 100 4.3284
Hong Kong dollar 100 88.163
British pound 100 920.22
Australian dollar 100 487.88
New Zealand dollar 100 403.27
Singapore dollar 100 539.01
Swiss franc 100 877.36
Canadian dollar 100 505.44
Pataca 116.83 100
Malaysian ringgit 56.979 100
Ruble 1,155.06 100
Rand 243.17 100
Korean won 21,606 100
UAE dirham 53.289 100
Saudi riyal 54.445 100
Hungarian forint 4,933.33 100
Polish zloty 53.769 100
Danish krone 94.11 100
Swedish krona 135.66 100
Norwegian krone 140.70 100
Turkish lira 641.076 100
Mexican peso 258.65 100
Thai baht 466.77 100
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. ■
