BEIJING, Feb. 26 (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 100 692.28
Euro 100 814.62
Japanese yen 100 4.4208
Hong Kong dollar 100 88.557
British pound 100 933.91
Australian dollar 100 490.24
New Zealand dollar 100 412.68
Singapore dollar 100 546.18
Swiss franc 100 892.11
Canadian dollar 100 503.82
Pataca 116.37 100
Malaysian ringgit 56.308 100
Ruble 1,120.45 100
Rand 229.75 100
Korean won 20,737 100
UAE dirham 53.307 100
Saudi riyal 54.441 100
Hungarian forint 4,598.16 100
Polish zloty 51.69 100
Danish krone 91.74 100
Swedish krona 130.85 100
Norwegian krone 138.64 100
Turkish lira 636.08 100
Mexican peso 248.38 100
Thai baht 451.65 100
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. ■
