BEIJING, March 19 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 716.97
Euro 100 786.33
Japanese yen 100 4.8189
Hong Kong dollar 100 92.278
British pound 100 934.48
Australian dollar 100 457.60
New Zealand dollar 100 419.05
Singapore dollar 100 540.23
Swiss franc 100 819.47
Canadian dollar 100 503.08
Pataca 111.67 100
Malaysian ringgit 61.786 100
Ruble 1,132.48 100
Rand 252.21 100
Korean won 20,125 100
UAE dirham 51.078 100
Saudi riyal 52.157 100
Hungarian forint 5,055.28 100
Polish zloty 53.147 100
Danish krone 94.90 100
Swedish krona 139.73 100
Norwegian krone 146.84 100
Turkish lira 510.118 100
Mexican peso 277.11 100
Thai baht 466.45 100
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. ■
