BEIJING, April 29 (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 100 720.29
Euro 100 823.70
Japanese yen 100 5.0897
Hong Kong dollar 100 92.853
British pound 100 970.16
Australian dollar 100 464.67
New Zealand dollar 100 432.25
Singapore dollar 100 551.79
Swiss franc 100 878.71
Canadian dollar 100 522.97
Pataca 110.99 100
Malaysian ringgit 60.168 100
Ruble 1,135.12 100
Rand 256.40 100
Korean won 19,810 100
UAE dirham 50.797 100
Saudi riyal 51.881 100
Hungarian forint 4,904.40 100
Polish zloty 51.772 100
Danish krone 90.67 100
Swedish krona 132.72 100
Norwegian krone 143.17 100
Turkish lira 531.035 100
Mexican peso 271.28 100
Thai baht 460.70 100
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. ■
