BEIJING, April 2 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 709.57
Euro 100 766.50
Japanese yen 100 4.7138
Hong Kong dollar 100 90.675
British pound 100 896.20
Australian dollar 100 464.30
New Zealand dollar 100 426.73
Singapore dollar 100 527.84
Swiss franc 100 788.89
Canadian dollar 100 526.65
Pataca 113.65 100
Malaysian ringgit 66.614 100
Ruble 1,289.06 100
Rand 265.98 100
Korean won 18,845 100
UAE dirham 51.535 100
Saudi riyal 52.63 100
Hungarian forint 5,166.45 100
Polish zloty 56.255 100
Danish krone 97.62 100
Swedish krona 151.10 100
Norwegian krone 153.46 100
Turkish lira 452.686 100
Mexican peso 233.98 100
Thai baht 509.95 100
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.