BEIJING, Jan. 9 (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 100 701.28
Euro 100 815.56
Japanese yen 100 4.4592
Hong Kong dollar 100 89.973
British pound 100 939.61
Australian dollar 100 468.25
New Zealand dollar 100 401.63
Singapore dollar 100 544.56
Swiss franc 100 875.37
Canadian dollar 100 504.26
Pataca 114.41 100
Malaysian ringgit 58.002 100
Ruble 1,149.63 100
Rand 236.07 100
Korean won 20,792 100
UAE dirham 52.534 100
Saudi riyal 53.638 100
Hungarian forint 4,722.24 100
Polish zloty 51.66 100
Danish krone 91.68 100
Swedish krona 131.84 100
Norwegian krone 144.22 100
Turkish lira 616.627 100
Mexican peso 256.78 100
Thai baht 449.95 100
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. ■
