BEIJING, April 9 (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 100 720.66
Euro 100 796.20
Japanese yen 100 4.993
Hong Kong dollar 100 92.791
British pound 100 928.32
Australian dollar 100 432.43
New Zealand dollar 100 401.39
Singapore dollar 100 535.89
Swiss franc 100 855.46
Canadian dollar 100 509.03
Pataca 111.08 100
Malaysian ringgit 61.992 100
Ruble 1,169.06 100
Rand 272.45 100
Korean won 20,297 100
UAE dirham 50.651 100
Saudi riyal 51.77 100
Hungarian forint 5,117.37 100
Polish zloty 53.627 100
Danish krone 93.96 100
Swedish krona 137.68 100
Norwegian krone 150.33 100
Turkish lira 522.383 100
Mexican peso 288.43 100
Thai baht 477.80 100
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. ■
