BEIJING, July 18 (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 100 712.85
Euro 100 782.53
Japanese yen 100 4.6067
Hong Kong dollar 100 91.317
British pound 100 930.15
Australian dollar 100 481.93
New Zealand dollar 100 436.26
Singapore dollar 100 533.26
Swiss franc 100 808.78
Canadian dollar 100 523.25
Pataca 112.87 100
Malaysian ringgit 65.437 100
Ruble 1,231.52 100
Rand 254.93 100
Korean won 19,180 100
UAE dirham 51.408 100
Saudi riyal 52.495 100
Hungarian forint 5,017.31 100
Polish zloty 55.078 100
Danish krone 95.72 100
Swedish krona 147.36 100
Norwegian krone 150.11 100
Turkish lira 462.926 100
Mexican peso 249.14 100
Thai baht 499.98 100
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. ■
