BEIJING, March 27 (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 100 691.41
Euro 100 796.85
Japanese yen 100 4.3271
Hong Kong dollar 100 88.361
British pound 100 921.30
Australian dollar 100 476.07
New Zealand dollar 100 398.10
Singapore dollar 100 537.42
Swiss franc 100 869.53
Canadian dollar 100 498.77
Pataca 116.62 100
Malaysian ringgit 57.859 100
Ruble 1,177.74 100
Rand 247.12 100
Korean won 21,845 100
UAE dirham 53.162 100
Saudi riyal 54.304 100
Hungarian forint 4,865.62 100
Polish zloty 53.654 100
Danish krone 93.76 100
Swedish krona 136.41 100
Norwegian krone 140.34 100
Turkish lira 643.538 100
Mexican peso 259.36 100
Thai baht 477.01 100
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. ■
