BEIJING, Dec. 25 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 718.68
Euro 100 751.78
Japanese yen 100 4.6161
Hong Kong dollar 100 92.532
British pound 100 905.69
Australian dollar 100 451.78
New Zealand dollar 100 409.96
Singapore dollar 100 531.68
Swiss franc 100 801.70
Canadian dollar 100 504.21
Pataca 111.33 100
Malaysian ringgit 62.075 100
Ruble 1,373.52 100
Rand 258.80 100
Korean won 20,077 100
UAE dirham 50.782 100
Saudi riyal 51.914 100
Hungarian forint 5,463.51 100
Polish zloty 56.617 100
Danish krone 99.33 100
Swedish krona 153.14 100
Norwegian krone 156.89 100
Turkish lira 484.73 100
Mexican peso 279.26 100
Thai baht 470.54 100
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. ■