BEIJING, Oct. 25 (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 100 710.9 Euro 100 769.39 Japanese yen 100 4.6844 Hong Kong dollar 100 91.496 British pound 100 922.09 Australian dollar 100 471.47 New Zealand dollar 100 426.98 Singapore dollar 100 539.09 Swiss franc 100 820.96 Canadian dollar 100 513.14 Pataca 112.66 100 Malaysian ringgit 61.136 100 Ruble 1,352.56 100 Rand 248.46 100 Korean won 19,402 100 UAE dirham 51.666 100 Saudi riyal 52.836 100 Hungarian forint 5,237.48 100 Polish zloty 56.466 100 Danish krone 96.96 100 Swedish krona 148.58 100 Norwegian krone 153.88 100 Turkish lira 482.394 100 Mexican peso 278.88 100 Thai baht 473.75 100 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.