BEIJING, April 9 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 709.56
Euro 100 773.82
Japanese yen 100 4.7022
Hong Kong dollar 100 90.605
British pound 100 901.61
Australian dollar 100 471.20
New Zealand dollar 100 431.35
Singapore dollar 100 528.36
Swiss franc 100 787.08
Canadian dollar 100 525.52
Pataca 113.74 100
Malaysian ringgit 66.941 100
Ruble 1,290.82 100
Rand 262.08 100
Korean won 18,902 100
UAE dirham 51.599 100
Saudi riyal 52.702 100
Hungarian forint 5,059.57 100
Polish zloty 55.295 100
Danish krone 96.77 100
Swedish krona 148.15 100
Norwegian krone 150.01 100
Turkish lira 451.652 100
Mexican peso 230.18 100
Thai baht 512.79 100
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.