BEIJING, April 16 (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 100 686.16
Euro 100 807.24
Japanese yen 100 4.3047
Hong Kong dollar 100 87.629
British pound 100 927.99
Australian dollar 100 490.41
New Zealand dollar 100 404.31
Singapore dollar 100 538.08
Swiss franc 100 875.53
Canadian dollar 100 497.73
Pataca 117.60 100
Malaysian ringgit 57.767 100
Ruble 1,107.47 100
Rand 239.33 100
Korean won 21,608 100
UAE dirham 53.728 100
Saudi riyal 54.877 100
Hungarian forint 4,497.95 100
Polish zloty 52.396 100
Danish krone 92.57 100
Swedish krona 134.03 100
Norwegian krone 137.34 100
Turkish lira 653.952 100
Mexican peso 252.02 100
Thai baht 469.19 100
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. ■
