BEIJING, Feb. 21 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 716.96
Euro 100 753.88
Japanese yen 100 4.8227
Hong Kong dollar 100 92.21
British pound 100 910.81
Australian dollar 100 460.26
New Zealand dollar 100 415.11
Singapore dollar 100 539.59
Swiss franc 100 799.78
Canadian dollar 100 507.81
Pataca 111.76 100
Malaysian ringgit 61.424 100
Ruble 1,224.03 100
Rand 255.21 100
Korean won 19,884 100
UAE dirham 51.063 100
Saudi riyal 52.141 100
Hungarian forint 5,326.68 100
Polish zloty 55.113 100
Danish krone 99.15 100
Swedish krona 147.97 100
Norwegian krone 154.63 100
Turkish lira 505.395 100
Mexican peso 282.63 100
Thai baht 465.05 100
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. ■
