BEIJING, Oct. 27 (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 100 671.71
Euro 100 748.04
Japanese yen 100 4.2518
Hong Kong dollar 100 85.63
British pound 100 893.49
Australian dollar 100 469.80
New Zealand dollar 100 380.72
Singapore dollar 100 522.81
Swiss franc 100 809.52
Canadian dollar 100 477.62
Pataca 120.34 100
Malaysian ringgit 60.978 100
Ruble 1,209.95 100
Rand 248.30 100
Korean won 19,830 100
UAE dirham 54.885 100
Saudi riyal 56.08 100
Hungarian forint 4,902.24 100
Polish zloty 58.78 100
Danish krone 99.92 100
Swedish krona 148.74 100
Norwegian krone 139.24 100
Turkish lira 743.422 100
Mexican peso 276.72 100
Thai baht 505.55 100
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. ■
