BEIJING, March 13 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 717.28
Euro 100 783.40
Japanese yen 100 4.8662
Hong Kong dollar 100 92.323
British pound 100 933.16
Australian dollar 100 455.23
New Zealand dollar 100 413.93
Singapore dollar 100 540.10
Swiss franc 100 815.71
Canadian dollar 100 501.60
Pataca 111.62 100
Malaysian ringgit 61.494 100
Ruble 1,203.49 100
Rand 254.93 100
Korean won 20,112 100
UAE dirham 50.997 100
Saudi riyal 52.074 100
Hungarian forint 5,096.09 100
Polish zloty 53.458 100
Danish krone 95.25 100
Swedish krona 140.16 100
Norwegian krone 147.74 100
Turkish lira 507.71 100
Mexican peso 280.58 100
Thai baht 468.33 100
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. ■
