BEIJING, Jan. 21 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 700.14
Euro 100 817.45
Japanese yen 100 4.4095
Hong Kong dollar 100 89.779
British pound 100 936.62
Australian dollar 100 468.98
New Zealand dollar 100 405.55
Singapore dollar 100 542.86
Swiss franc 100 882.38
Canadian dollar 100 503.65
Pataca 114.78 100
Malaysian ringgit 58.102 100
Ruble 1,120.79 100
Rand 235.39 100
Korean won 21,241 100
UAE dirham 52.707 100
Saudi riyal 53.819 100
Hungarian forint 4,709.62 100
Polish zloty 51.673 100
Danish krone 91.43 100
Swedish krona 130.92 100
Norwegian krone 143.52 100
Turkish lira 621.082 100
Mexican peso 252.20 100
Thai baht 445.65 100
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. ■
