BEIJING, Aug. 26 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan U.S. dollar 100 711.39 Euro 100 795.84 Japanese yen 100 4.9485 Hong Kong dollar 100 91.267 British pound 100 939.34 Australian dollar 100 482.68 New Zealand dollar 100 442.75 Singapore dollar 100 546.93 Swiss franc 100 839.66 Canadian dollar 100 526.43 Pataca 112.93 100 Malaysian ringgit 61.286 100 Ruble 1,285.76 100 Rand 249.42 100 Korean won 18,617 100 UAE dirham 51.66 100 Saudi riyal 52.776 100 Hungarian forint 4,944.99 100 Polish zloty 53.637 100 Danish krone 93.78 100 Swedish krona 143.37 100 Norwegian krone 147.19 100 Turkish lira 478.373 100 Mexican peso 270.68 100 Thai baht 477.31 100 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.