BEIJING, Aug. 13 (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 100 714.79 Euro 100 782.17 Japanese yen 100 4.8684 Hong Kong dollar 100 91.743 British pound 100 913.49 Australian dollar 100 471.42 New Zealand dollar 100 431.26 Singapore dollar 100 540.23 Swiss franc 100 826.68 Canadian dollar 100 520.89 Pataca 112.32 100 Malaysian ringgit 62.231 100 Ruble 1,270.03 100 Rand 255.08 100 Korean won 19,128 100 UAE dirham 51.337 100 Saudi riyal 52.462 100 Hungarian forint 5,040.10 100 Polish zloty 55.102 100 Danish krone 95.47 100 Swedish krona 147.06 100 Norwegian krone 151.04 100 Turkish lira 468.687 100 Mexican peso 266.35 100 Thai baht 490.51 100 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.