BEIJING, Sept. 27 (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 100 701.01
Euro 100 783.26
Japanese yen 100 4.8314
Hong Kong dollar 100 90.112
British pound 100 939.75
Australian dollar 100 483.22
New Zealand dollar 100 443.34
Singapore dollar 100 545.97
Swiss franc 100 828.01
Canadian dollar 100 520.23
Pataca 114.39 100
Malaysian ringgit 58.989 100
Ruble 1,321.47 100
Rand 245.21 100
Korean won 18,777 100
UAE dirham 52.396 100
Saudi riyal 53.509 100
Hungarian forint 5,055.98 100
Polish zloty 54.565 100
Danish krone 95.21 100
Swedish krona 144.37 100
Norwegian krone 150.29 100
Turkish lira 487.579 100
Mexican peso 279.90 100
Thai baht 462.68 100
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. ■
