BEIJING, March 30 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 692.23
Euro 100 795.51
Japanese yen 100 4.3171
Hong Kong dollar 100 88.384
British pound 100 916.66
Australian dollar 100 474.19
New Zealand dollar 100 396.72
Singapore dollar 100 536.55
Swiss franc 100 865.26
Canadian dollar 100 497.95
Pataca 116.54 100
Malaysian ringgit 57.977 100
Ruble 1,177.81 100
Rand 247.93 100
Korean won 21,842 100
UAE dirham 53.08 100
Saudi riyal 54.228 100
Hungarian forint 4,896.11 100
Polish zloty 53.865 100
Danish krone 93.94 100
Swedish krona 136.92 100
Norwegian krone 140.83 100
Turkish lira 642.364 100
Mexican peso 262.15 100
Thai baht 476.11 100
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. ■
