BEIJING, Sept. 26 (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 100 703.54
Euro 100 783.17
Japanese yen 100 4.8636
Hong Kong dollar 100 90.382
British pound 100 937.27
Australian dollar 100 480.12
New Zealand dollar 100 440.44
Singapore dollar 100 545.69
Swiss franc 100 827.35
Canadian dollar 100 521.83
Pataca 114.07 100
Malaysian ringgit 58.775 100
Ruble 1,312.95 100
Rand 245.56 100
Korean won 18,971 100
UAE dirham 52.204 100
Saudi riyal 53.331 100
Hungarian forint 5,045.73 100
Polish zloty 54.507 100
Danish krone 95.24 100
Swedish krona 144.81 100
Norwegian krone 150.29 100
Turkish lira 485.654 100
Mexican peso 279.24 100
Thai baht 465.09 100
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. ■
