BEIJING, Feb. 5 (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 100 716.93
Euro 100 747.94
Japanese yen 100 4.6784
Hong Kong dollar 100 92.079
British pound 100 900.11
Australian dollar 100 451.67
New Zealand dollar 100 408.96
Singapore dollar 100 533.59
Swiss franc 100 796.04
Canadian dollar 100 504.31
Pataca 111.92 100
Malaysian ringgit 61.45 100
Ruble 1,382.19 100
Rand 259.28 100
Korean won 20,061 100
UAE dirham 50.889 100
Saudi riyal 51.962 100
Hungarian forint 5,446.47 100
Polish zloty 56.29 100
Danish krone 99.86 100
Swedish krona 152.15 100
Norwegian krone 155.97 100
Turkish lira 498.043 100
Mexican peso 284.96 100
Thai baht 464.90 100
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. ■
