BEIJING, Oct. 17 (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 100 709.49
Euro 100 830.74
Japanese yen 100 4.7324
Hong Kong dollar 100 91.319
British pound 100 954.61
Australian dollar 100 460.39
New Zealand dollar 100 406.90
Singapore dollar 100 549.34
Swiss franc 100 896.43
Canadian dollar 100 505.57
Pataca 112.85 100
Malaysian ringgit 59.449 100
Ruble 1,124.77 100
Rand 244.18 100
Korean won 19,935 100
UAE dirham 51.703 100
Saudi riyal 52.795 100
Hungarian forint 4,690.40 100
Polish zloty 51.116 100
Danish krone 89.91 100
Swedish krona 132.59 100
Norwegian krone 141.64 100
Turkish lira 589.27 100
Mexican peso 259.56 100
Thai baht 457.16 100
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. ■
