BEIJING, Oct. 28 (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 100 713.07 Euro 100 769.90 Japanese yen 100 4.6657 Hong Kong dollar 100 91.733 British pound 100 924.05 Australian dollar 100 471.16 New Zealand dollar 100 426.55 Singapore dollar 100 538.92 Swiss franc 100 820.97 Canadian dollar 100 513.22 Pataca 112.32 100 Malaysian ringgit 60.935 100 Ruble 1,364.67 100 Rand 247.69 100 Korean won 19,479 100 UAE dirham 51.514 100 Saudi riyal 52.673 100 Hungarian forint 5,244.65 100 Polish zloty 56.427 100 Danish krone 96.87 100 Swedish krona 148.84 100 Norwegian krone 154.07 100 Turkish lira 480.922 100 Mexican peso 279.72 100 Thai baht 473.32 100
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.