BEIJING, Oct. 23 (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 100 671.80
Euro 100 751.40
Japanese yen 100 4.2793
Hong Kong dollar 100 85.696
British pound 100 897.49
Australian dollar 100 469.82
New Zealand dollar 100 380.58
Singapore dollar 100 524.58
Swiss franc 100 817.10
Canadian dollar 100 478.04
Pataca 120.27 100
Malaysian ringgit 60.895 100
Ruble 1,222.97 100
Rand 246.04 100
Korean won 19,820 100
UAE dirham 54.872 100
Saudi riyal 56.069 100
Hungarian forint 4,863.74 100
Polish zloty 58.163 100
Danish krone 99.48 100
Swedish krona 147.99 100
Norwegian krone 139.39 100
Turkish lira 742.369 100
Mexican peso 279.18 100
Thai baht 504.72 100
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. ■
