BEIJING, Jan. 9 (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 100 718.86
Euro 100 746.94
Japanese yen 100 4.5944
Hong Kong dollar 100 92.404
British pound 100 895.17
Australian dollar 100 450.85
New Zealand dollar 100 408.06
Singapore dollar 100 529.28
Swiss franc 100 793.64
Canadian dollar 100 504.90
Pataca 111.41 100
Malaysian ringgit 62.211 100
Ruble 1,425.35 100
Rand 261.70 100
Korean won 20,014 100
UAE dirham 50.668 100
Saudi riyal 51.786 100
Hungarian forint 5,545.49 100
Polish zloty 57.243 100
Danish krone 100.00 100
Swedish krona 153.88 100
Norwegian krone 157.42 100
Turkish lira 487.222 100
Mexican peso 282.50 100
Thai baht 475.60 100
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. ■
