BEIJING, Jan. 6 (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 100 701.73
Euro 100 819.19
Japanese yen 100 4.4664
Hong Kong dollar 100 90.161
British pound 100 945.62
Australian dollar 100 468.62
New Zealand dollar 100 403.47
Singapore dollar 100 545.18
Swiss franc 100 882.24
Canadian dollar 100 507.42
Pataca 114.32 100
Malaysian ringgit 58.055 100
Ruble 1,160.50 100
Rand 234.05 100
Korean won 20,719 100
UAE dirham 52.584 100
Saudi riyal 53.689 100
Hungarian forint 4,688.28 100
Polish zloty 51.426 100
Danish krone 91.28 100
Swedish krona 131.36 100
Norwegian krone 143.73 100
Turkish lira 616.00 100
Mexican peso 256.06 100
Thai baht 448.18 100
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. ■
