BEIJING, Jan. 23 (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 100 699.29
Euro 100 819.00
Japanese yen 100 4.401
Hong Kong dollar 100 89.676
British pound 100 939.81
Australian dollar 100 475.29
New Zealand dollar 100 410.78
Singapore dollar 100 544.19
Swiss franc 100 882.66
Canadian dollar 100 504.70
Pataca 114.91 100
Malaysian ringgit 57.78 100
Ruble 1,090.25 100
Rand 231.69 100
Korean won 21,059 100
UAE dirham 52.761 100
Saudi riyal 53.87 100
Hungarian forint 4,662.63 100
Polish zloty 51.251 100
Danish krone 91.30 100
Swedish krona 129.46 100
Norwegian krone 141.74 100
Turkish lira 622.308 100
Mexican peso 250.40 100
Thai baht 446.56 100
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. ■
