BEIJING, Jan. 22 (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 100 716.96
Euro 100 749.76
Japanese yen 100 4.6408
Hong Kong dollar 100 92.076
British pound 100 888.24
Australian dollar 100 451.76
New Zealand dollar 100 409.28
Singapore dollar 100 532.12
Swiss franc 100 793.62
Canadian dollar 100 503.17
Pataca 111.92 100
Malaysian ringgit 62.002 100
Ruble 1,371.76 100
Rand 257.19 100
Korean won 19,829 100
UAE dirham 50.971 100
Saudi riyal 52.064 100
Hungarian forint 5,488.67 100
Polish zloty 56.697 100
Danish krone 99.61 100
Swedish krona 152.59 100
Norwegian krone 156.99 100
Turkish lira 494.078 100
Mexican peso 287.10 100
Thai baht 469.48 100
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. ■
