BEIJING, Sept. 2 (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 100 710.27 Euro 100 784.44 Japanese yen 100 4.848 Hong Kong dollar 100 91.091 British pound 100 932.27 Australian dollar 100 480.84 New Zealand dollar 100 443.74 Singapore dollar 100 543.76 Swiss franc 100 834.82 Canadian dollar 100 526.49 Pataca 113.13 100 Malaysian ringgit 60.891 100 Ruble 1,275.79 100 Rand 251.09 100 Korean won 18,848 100 UAE dirham 51.735 100 Saudi riyal 52.859 100 Hungarian forint 5,009.39 100 Polish zloty 54.653 100 Danish krone 95.09 100 Swedish krona 144.52 100 Norwegian krone 149.33 100 Turkish lira 479.963 100 Mexican peso 277.56 100 Thai baht 479.63 100 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.