BEIJING, March 14 (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 100 717.38
Euro 100 781.13
Japanese yen 100 4.8767
Hong Kong dollar 100 92.303
British pound 100 932.49
Australian dollar 100 453.10
New Zealand dollar 100 411.54
Singapore dollar 100 538.80
Swiss franc 100 814.88
Canadian dollar 100 499.47
Pataca 111.65 100
Malaysian ringgit 61.696 100
Ruble 1,190.05 100
Rand 254.27 100
Korean won 20,146 100
UAE dirham 50.985 100
Saudi riyal 52.063 100
Hungarian forint 5,115.43 100
Polish zloty 53.512 100
Danish krone 95.55 100
Swedish krona 141.48 100
Norwegian krone 148.33 100
Turkish lira 508.935 100
Mexican peso 279.23 100
Thai baht 466.48 100
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. ■
