BEIJING, Sept. 10 (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 100 711.36 Euro 100 784.98 Japanese yen 100 4.9661 Hong Kong dollar 100 91.234 British pound 100 929.86 Australian dollar 100 473.84 New Zealand dollar 100 437.06 Singapore dollar 100 544.73 Swiss franc 100 837.48 Canadian dollar 100 524.62 Pataca 112.95 100 Malaysian ringgit 61.428 100 Ruble 1,272.77 100 Rand 251.26 100 Korean won 18,871 100 UAE dirham 51.628 100 Saudi riyal 52.757 100 Hungarian forint 5,053.71 100 Polish zloty 54.454 100 Danish krone 95.03 100 Swedish krona 145.87 100 Norwegian krone 152.31 100 Turkish lira 479.113 100 Mexican peso 279.56 100 Thai baht 476.38 100 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.