BEIJING, March 10 (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 100 717.33
Euro 100 780.93
Japanese yen 100 4.8847
Hong Kong dollar 100 92.305
British pound 100 929.94
Australian dollar 100 453.81
New Zealand dollar 100 411.76
Singapore dollar 100 541.13
Swiss franc 100 818.82
Canadian dollar 100 500.77
Pataca 111.65 100
Malaysian ringgit 61.299 100
Ruble 1,243.03 100
Rand 254.25 100
Korean won 20,078 100
UAE dirham 51.04 100
Saudi riyal 52.14 100
Hungarian forint 5,097.19 100
Polish zloty 53.365 100
Danish krone 95.55 100
Swedish krona 140.01 100
Norwegian krone 150.59 100
Turkish lira 506.721 100
Mexican peso 281.92 100
Thai baht 467.09 100
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. ■
