BEIJING, Oct. 16 (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 100 672.20
Euro 100 752.28
Japanese yen 100 4.2439
Hong Kong dollar 100 85.658
British pound 100 890.37
Australian dollar 100 464.16
New Zealand dollar 100 377.10
Singapore dollar 100 523.35
Swiss franc 100 810.99
Canadian dollar 100 472.61
Pataca 120.30 100
Malaysian ringgit 60.792 100
Ruble 1,251.52 100
Rand 246.06 100
Korean won 20,028 100
UAE dirham 54.761 100
Saudi riyal 55.949 100
Hungarian forint 4,830.53 100
Polish zloty 57.998 100
Danish krone 99.37 100
Swedish krona 148.37 100
Norwegian krone 141.31 100
Turkish lira 737.87 100
Mexican peso 274.58 100
Thai baht 500.17 100
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.
