BEIJING, Jan. 15 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 700.64
Euro 100 813.12
Japanese yen 100 4.4086
Hong Kong dollar 100 89.88
British pound 100 937.86
Australian dollar 100 465.93
New Zealand dollar 100 400.09
Singapore dollar 100 542.31
Swiss franc 100 872.98
Canadian dollar 100 502.54
Pataca 114.65 100
Malaysian ringgit 57.871 100
Ruble 1,126.01 100
Rand 234.78 100
Korean won 20,996 100
UAE dirham 52.641 100
Saudi riyal 53.752 100
Hungarian forint 4,748.85 100
Polish zloty 51.778 100
Danish krone 91.95 100
Swedish krona 131.75 100
Norwegian krone 144.16 100
Turkish lira 618.551 100
Mexican peso 254.67 100
Thai baht 451.36 100
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. ■
