BEIJING, Jan. 27 (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 100 698.58
Euro 100 827.55
Japanese yen 100 4.5176
Hong Kong dollar 100 89.592
British pound 100 952.61
Australian dollar 100 481.35
New Zealand dollar 100 415.44
Singapore dollar 100 548.47
Swiss franc 100 896.46
Canadian dollar 100 507.82
Pataca 115.02 100
Malaysian ringgit 56.874 100
Ruble 1,097.67 100
Rand 230.05 100
Korean won 20,782 100
UAE dirham 52.745 100
Saudi riyal 53.854 100
Hungarian forint 4,610.14 100
Polish zloty 50.828 100
Danish krone 90.28 100
Swedish krona 128.40 100
Norwegian krone 140.40 100
Turkish lira 622.954 100
Mexican peso 249.02 100
Thai baht 448.23 100
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. ■
