BEIJING, March 6 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 690.25
Euro 100 801.32
Japanese yen 100 4.3814
Hong Kong dollar 100 88.253
British pound 100 921.98
Australian dollar 100 484.15
New Zealand dollar 100 407.21
Singapore dollar 100 539.07
Swiss franc 100 884.14
Canadian dollar 100 504.94
Pataca 116.77 100
Malaysian ringgit 57.147 100
Ruble 1,139.29 100
Rand 241.29 100
Korean won 21,451 100
UAE dirham 53.207 100
Saudi riyal 54.37 100
Hungarian forint 4,837.37 100
Polish zloty 53.36 100
Danish krone 93.24 100
Swedish krona 133.64 100
Norwegian krone 140.18 100
Turkish lira 638.063 100
Mexican peso 256.50 100
Thai baht 459.67 100
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. ■
