BEIJING, Sept. 23 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 705.31
Euro 100 787.14
Japanese yen 100 4.9011
Hong Kong dollar 100 90.536
British pound 100 939.06
Australian dollar 100 480.18
New Zealand dollar 100 439.79
Singapore dollar 100 546.42
Swiss franc 100 829.20
Canadian dollar 100 519.89
Pataca 113.85 100
Malaysian ringgit 59.556 100
Ruble 1,309.47 100
Rand 247.26 100
Korean won 18,910 100
UAE dirham 52.076 100
Saudi riyal 53.204 100
Hungarian forint 4,993.55 100
Polish zloty 54.253 100
Danish krone 94.78 100
Swedish krona 144.20 100
Norwegian krone 148.73 100
Turkish lira 483.908 100
Mexican peso 274.92 100
Thai baht 467.23 100
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. ■
