BEIJING, Feb. 12 (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 100 694.57
Euro 100 822.53
Japanese yen 100 4.5241
Hong Kong dollar 100 88.881
British pound 100 943.68
Australian dollar 100 493.64
New Zealand dollar 100 418.80
Singapore dollar 100 549.05
Swiss franc 100 898.46
Canadian dollar 100 510.29
Pataca 115.94 100
Malaysian ringgit 56.459 100
Ruble 1,115.84 100
Rand 229.10 100
Korean won 20,924 100
UAE dirham 53.029 100
Saudi riyal 54.151 100
Hungarian forint 4,605.80 100
Polish zloty 51.201 100
Danish krone 90.81 100
Swedish krona 128.41 100
Norwegian krone 136.94 100
Turkish lira 629.827 100
Mexican peso 247.84 100
Thai baht 448.92 100
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. ■
