BEIJING, March 26 (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 100 690.56
Euro 100 797.98
Japanese yen 100 4.3337
Hong Kong dollar 100 88.357
British pound 100 922.85
Australian dollar 100 479.58
New Zealand dollar 100 401.04
Singapore dollar 100 538.76
Swiss franc 100 872.62
Canadian dollar 100 500.09
Pataca 116.63 100
Malaysian ringgit 57.411 100
Ruble 1,172.87 100
Rand 245.93 100
Korean won 21,790 100
UAE dirham 53.183 100
Saudi riyal 54.324 100
Hungarian forint 4,850.90 100
Polish zloty 53.551 100
Danish krone 93.58 100
Swedish krona 135.44 100
Norwegian krone 140.25 100
Turkish lira 642.314 100
Mexican peso 257.59 100
Thai baht 474.17 100
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. ■
