BEIJING, April 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 686.35
Euro 100 803.62
Japanese yen 100 4.2976
Hong Kong dollar 100 87.64
British pound 100 924.46
Australian dollar 100 489.66
New Zealand dollar 100 403.60
Singapore dollar 100 537.38
Swiss franc 100 876.89
Canadian dollar 100 500.82
Pataca 117.58 100
Malaysian ringgit 57.707 100
Ruble 1,099.33 100
Rand 240.62 100
Korean won 21,661 100
UAE dirham 53.695 100
Saudi riyal 54.825 100
Hungarian forint 4,523.82 100
Polish zloty 52.713 100
Danish krone 93.00 100
Swedish krona 134.24 100
Norwegian krone 136.51 100
Turkish lira 656.34 100
Mexican peso 252.88 100
Thai baht 471.03 100
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. ■
