BEIJING, Jan. 20 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 718.86
Euro 100 742.28
Japanese yen 100 4.6475
Hong Kong dollar 100 92.34
British pound 100 881.09
Australian dollar 100 448.29
New Zealand dollar 100 405.1
Singapore dollar 100 528.97
Swiss franc 100 790.2
Canadian dollar 100 501.1
Pataca 111.59 100
Malaysian ringgit 62.273 100
Ruble 1,398.88 100
Rand 258.76 100
Korean won 20,010 100
UAE dirham 50.67 100
Saudi riyal 51.761 100
Hungarian forint 5,548.29 100
Polish zloty 57.28 100
Danish krone 100.89 100
Swedish krona 154.33 100
Norwegian krone 158.34 100
Turkish lira 489.933 100
Mexican peso 286.61 100
Thai baht 473.46 100
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. ■
