BEIJING, July 27 (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 100 679.11
Euro 100 772.67
Japanese yen 100 4.1441
Hong Kong dollar 100 86.601
British pound 100 904.94
Australian dollar 100 474.00
New Zealand dollar 100 392.88
Singapore dollar 100 525.70
Swiss franc 100 830.56
Canadian dollar 100 481.13
Pataca 118.99 100
Malaysian ringgit 60.211 100
Ruble 1,148.26 100
Rand 246.72 100
Korean won 21,552 100
UAE dirham 54.184 100
Saudi riyal 55.374 100
Hungarian forint 4,665.14 100
Polish zloty 55.818 100
Danish krone 96.79 100
Swedish krona 142.88 100
Norwegian krone 141.32 100
Turkish lira 698.142 100
Mexican peso 257.07 100
Thai baht 496.45 100
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. ■
