BEIJING, March 5 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 690.07
Euro 100 803.62
Japanese yen 100 4.3985
Hong Kong dollar 100 88.259
British pound 100 923.09
Australian dollar 100 488.55
New Zealand dollar 100 410.01
Singapore dollar 100 541.59
Swiss franc 100 886.18
Canadian dollar 100 506.05
Pataca 116.76 100
Malaysian ringgit 57.049 100
Ruble 1,127.76 100
Rand 236.68 100
Korean won 21,190 100
UAE dirham 53.209 100
Saudi riyal 54.375 100
Hungarian forint 4,785.09 100
Polish zloty 53.104 100
Danish krone 93.00 100
Swedish krona 132.86 100
Norwegian krone 139.48 100
Turkish lira 637.00 100
Mexican peso 254.74 100
Thai baht 457.54 100
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. ■
