BEIJING, Oct. 17 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 712.20 Euro 100 773.37 Japanese yen 100 4.7599 Hong Kong dollar 100 91.637 British pound 100 925.11 Australian dollar 100 474.50 New Zealand dollar 100 431.47 Singapore dollar 100 542.22 Swiss franc 100 822.65 Canadian dollar 100 517.71 Pataca 112.45 100 Malaysian ringgit 60.366 100 Ruble 1,364.41 100 Rand 247.82 100 Korean won 19,158 100 UAE dirham 51.575 100 Saudi riyal 52.736 100 Hungarian forint 5,185.79 100 Polish zloty 55.586 100 Danish krone 96.47 100 Swedish krona 147.56 100 Norwegian krone 153.33 100 Turkish lira 479.857 100 Mexican peso 279.56 100 Thai baht 466.25 100 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.