BEIJING, Oct. 18 (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 100 712.74
Euro 100 771.73
Japanese yen 100 4.7443
Hong Kong dollar 100 91.696
British pound 100 927.35
Australian dollar 100 477.26
New Zealand dollar 100 431.57
Singapore dollar 100 542.16
Swiss franc 100 822.78
Canadian dollar 100 516.55
Pataca 112.41 100
Malaysian ringgit 60.467 100
Ruble 1,362.43 100
Rand 248.02 100
Korean won 19,239 100
UAE dirham 51.534 100
Saudi riyal 52.696 100
Hungarian forint 5,187.35 100
Polish zloty 55.829 100
Danish krone 96.65 100
Swedish krona 147.99 100
Norwegian krone 153.24 100
Turkish lira 479.806 100
Mexican peso 278.19 100
Thai baht 465.75 100
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. ■
