BEIJING, March 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 717.33
Euro 100 784.39
Japanese yen 100 4.8194
Hong Kong dollar 100 92.323
British pound 100 932.95
Australian dollar 100 459.00
New Zealand dollar 100 419.39
Singapore dollar 100 540.49
Swiss franc 100 814.82
Canadian dollar 100 503.08
Pataca 111.62 100
Malaysian ringgit 61.842 100
Ruble 1,156.07 100
Rand 251.88 100
Korean won 20,047 100
UAE dirham 51.098 100
Saudi riyal 52.183 100
Hungarian forint 5,072.84 100
Polish zloty 53.333 100
Danish krone 95.16 100
Swedish krona 140.38 100
Norwegian krone 146.70 100
Turkish lira 509.473 100
Mexican peso 277.91 100
Thai baht 466.22 100
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. ■
