BEIJING, Oct. 15 (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 100 708.30 Euro 100 772.55 Japanese yen 100 4.7319 Hong Kong dollar 100 91.225 British pound 100 925.29 Australian dollar 100 476.40 New Zealand dollar 100 431.47 Singapore dollar 100 541.54 Swiss franc 100 821.51 Canadian dollar 100 513.26 Pataca 112.96 100 Malaysian ringgit 60.661 100 Ruble 1,342.43 100 Rand 247.80 100 Korean won 19,163 100 UAE dirham 51.857 100 Saudi riyal 53.012 100 Hungarian forint 5,187.33 100 Polish zloty 55.55 100 Danish krone 96.56 100 Swedish krona 147.19 100 Norwegian krone 152.47 100 Turkish lira 483.899 100 Mexican peso 274.05 100 Thai baht 469.91 100 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.