BEIJING, Dec. 12 (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 100 706.38
Euro 100 828.42
Japanese yen 100 4.5344
Hong Kong dollar 100 90.779
British pound 100 944.68
Australian dollar 100 469.96
New Zealand dollar 100 409.73
Singapore dollar 100 546.32
Swiss franc 100 887.51
Canadian dollar 100 512.03
Pataca 113.54 100
Malaysian ringgit 58.198 100
Ruble 1,131.15 100
Rand 238.97 100
Korean won 20,868 100
UAE dirham 52.07 100
Saudi riyal 53.204 100
Hungarian forint 4,624.21 100
Polish zloty 51.022 100
Danish krone 90.20 100
Swedish krona 131.14 100
Norwegian krone 142.71 100
Turkish lira 604.51 100
Mexican peso 255.57 100
Thai baht 448.61 100
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. ■
