BEIJING, Sept. 19 (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 100 709.83 Euro 100 788.59 Japanese yen 100 4.9782 Hong Kong dollar 100 91.060 British pound 100 936.87 Australian dollar 100 479.74 New Zealand dollar 100 440.50 Singapore dollar 100 547.76 Swiss franc 100 837.89 Canadian dollar 100 521.52 Pataca 113.19 100 Malaysian ringgit 59.824 100 Ruble 1,308.87 100 Rand 247.17 100 Korean won 18,727 100 UAE dirham 51.740 100 Saudi riyal 52.869 100 Hungarian forint 4,998.71 100 Polish zloty 54.130 100 Danish krone 94.57 100 Swedish krona 143.83 100 Norwegian krone 149.22 100 Turkish lira 479.907 100 Mexican peso 271.33 100 Thai baht 470.63 100
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.