BEIJING, Oct. 13 (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 100 672.98
Euro 100 749.35
Japanese yen 100 4.2411
Hong Kong dollar 100 85.753
British pound 100 887.07
Australian dollar 100 467.08
New Zealand dollar 100 375.06
Singapore dollar 100 524.32
Swiss franc 100 805.36
Canadian dollar 100 470.09
Pataca 120.17 100
Malaysian ringgit 60.789 100
Ruble 1,253.53 100
Rand 246.34 100
Korean won 19,917 100
UAE dirham 54.714 100
Saudi riyal 55.951 100
Hungarian forint 4,863.84 100
Polish zloty 58.447 100
Danish krone 99.76 100
Swedish krona 149.56 100
Norwegian krone 142.65 100
Turkish lira 734.559 100
Mexican peso 271.67 100
Thai baht 501.58 100
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. ■
