BEIJING, Sept. 5 (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 100 709.89 Euro 100 786.60 Japanese yen 100 4.9482 Hong Kong dollar 100 91.081 British pound 100 933.03 Australian dollar 100 476.93 New Zealand dollar 100 439.40 Singapore dollar 100 544.64 Swiss franc 100 838.94 Canadian dollar 100 525.53 Pataca 113.14 100 Malaysian ringgit 61.239 100 Ruble 1,231.26 100 Rand 251.73 100 Korean won 18,802 100 UAE dirham 51.744 100 Saudi riyal 52.879 100 Hungarian forint 4,998.05 100 Polish zloty 54.35 100 Danish krone 94.85 100 Swedish krona 144.70 100 Norwegian krone 149.90 100 Turkish lira 479.542 100 Mexican peso 280.92 100 Thai baht 478.74 100 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.