BEIJING, Dec. 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 707.64
Euro 100 823.74
Japanese yen 100 4.5563
Hong Kong dollar 100 90.919
British pound 100 942.71
Australian dollar 100 469.54
New Zealand dollar 100 408.61
Singapore dollar 100 545.99
Swiss franc 100 879.14
Canadian dollar 100 511.53
Pataca 113.35 100
Malaysian ringgit 58.137 100
Ruble 1,081.43 100
Rand 239.40 100
Korean won 20,811 100
UAE dirham 51.924 100
Saudi riyal 53.061 100
Hungarian forint 4,633.54 100
Polish zloty 51.343 100
Danish krone 90.68 100
Swedish krona 132.87 100
Norwegian krone 142.91 100
Turkish lira 601.561 100
Mexican peso 256.94 100
Thai baht 451.23 100
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. ■
