BEIJING, March 10 (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 100 689.82
Euro 100 801.98
Japanese yen 100 4.3717
Hong Kong dollar 100 88.196
British pound 100 926.58
Australian dollar 100 487.65
New Zealand dollar 100 408.69
Singapore dollar 100 541.37
Swiss franc 100 887.26
Canadian dollar 100 507.85
Pataca 116.84 100
Malaysian ringgit 57.354 100
Ruble 1,135.14 100
Rand 236.70 100
Korean won 21,309 100
UAE dirham 53.256 100
Saudi riyal 54.438 100
Hungarian forint 4,832.56 100
Polish zloty 52.982 100
Danish krone 93.21 100
Swedish krona 132.53 100
Norwegian krone 139.14 100
Turkish lira 639.263 100
Mexican peso 256.11 100
Thai baht 459.80 100
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. ■
