BEIJING, April 2 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 688.80
Euro 100 798.00
Japanese yen 100 4.338
Hong Kong dollar 100 87.876
British pound 100 915.84
Australian dollar 100 476.53
New Zealand dollar 100 395.63
Singapore dollar 100 536.70
Swiss franc 100 867.24
Canadian dollar 100 495.92
Pataca 117.21 100
Malaysian ringgit 58.408 100
Ruble 1,168.29 100
Rand 244.27 100
Korean won 21,970 100
UAE dirham 53.345 100
Saudi riyal 54.519 100
Hungarian forint 4,799.80 100
Polish zloty 53.644 100
Danish krone 93.69 100
Swedish krona 136.73 100
Norwegian krone 141.19 100
Turkish lira 646.058 100
Mexican peso 258.61 100
Thai baht 473.82 100
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. ■
