BEIJING, Aug. 30 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan U.S. dollar 100 711.24 Euro 100 788.07 Japanese yen 100 4.9054 Hong Kong dollar 100 91.222 British pound 100 936.38 Australian dollar 100 483.45 New Zealand dollar 100 445.52 Singapore dollar 100 545.88 Swiss franc 100 839.43 Canadian dollar 100 527.32 Pataca 112.97 100 Malaysian ringgit 60.603 100 Ruble 1,293.76 100 Rand 249.57 100 Korean won 18,767 100 UAE dirham 51.641 100 Saudi riyal 52.766 100 Hungarian forint 4,983.53 100 Polish zloty 54.367 100 Danish krone 94.65 100 Swedish krona 143.70 100 Norwegian krone 147.65 100 Turkish lira 479.217 100 Mexican peso 279.04 100 Thai baht 477.18 100
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.