BEIJING, March 17 (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 100 689.61
Euro 100 792.38
Japanese yen 100 4.3293
Hong Kong dollar 100 88.073
British pound 100 917.25
Australian dollar 100 486.68
New Zealand dollar 100 402.99
Singapore dollar 100 539.22
Swiss franc 100 874.31
Canadian dollar 100 503.39
Pataca 117.01 100
Malaysian ringgit 56.944 100
Ruble 1,180.19 100
Rand 242.29 100
Korean won 21,648 100
UAE dirham 53.292 100
Saudi riyal 54.451 100
Hungarian forint 4,929.56 100
Polish zloty 53.835 100
Danish krone 94.34 100
Swedish krona 135.66 100
Norwegian krone 140.48 100
Turkish lira 641.066 100
Mexican peso 256.80 100
Thai baht 470.34 100
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. ■
