BEIJING, Aug. 22 (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 100 713.21
Euro 100 829.80
Japanese yen 100 4.8231
Hong Kong dollar 100 91.285
British pound 100 959.67
Australian dollar 100 459.11
New Zealand dollar 100 416.09
Singapore dollar 100 554.93
Swiss franc 100 883.98
Canadian dollar 100 514.45
Pataca 112.88 100
Malaysian ringgit 59.109 100
Ruble 1,121.97 100
Rand 247.86 100
Korean won 19,532 100
UAE dirham 51.332 100
Saudi riyal 52.451 100
Hungarian forint 4,769.55 100
Polish zloty 51.23 100
Danish krone 90.06 100
Swedish krona 134.53 100
Norwegian krone 142.41 100
Turkish lira 573.02 100
Mexican peso 262.32 100
Thai baht 455.45 100
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. ■
