BEIJING, April 14 (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 100 685.93
Euro 100 804.56
Japanese yen 100 4.297
Hong Kong dollar 100 87.579
British pound 100 923.80
Australian dollar 100 485.01
New Zealand dollar 100 400.95
Singapore dollar 100 537.50
Swiss franc 100 872.84
Canadian dollar 100 495.72
Pataca 117.67 100
Malaysian ringgit 57.986 100
Ruble 1,115.02 100
Rand 239.58 100
Korean won 21,650 100
UAE dirham 53.736 100
Saudi riyal 54.906 100
Hungarian forint 4,509.65 100
Polish zloty 52.739 100
Danish krone 92.91 100
Swedish krona 134.36 100
Norwegian krone 138.18 100
Turkish lira 653.627 100
Mexican peso 252.63 100
Thai baht 468.87 100
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. ■
