BEIJING, Oct. 27 (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 100 708.81
Euro 100 825.46
Japanese yen 100 4.6382
Hong Kong dollar 100 91.246
British pound 100 945.63
Australian dollar 100 463.86
New Zealand dollar 100 409.20
Singapore dollar 100 547.00
Swiss franc 100 891.41
Canadian dollar 100 507.39
Pataca 112.94 100
Malaysian ringgit 59.448 100
Ruble 1,121.83 100
Rand 242.38 100
Korean won 20,214 100
UAE dirham 51.734 100
Saudi riyal 52.826 100
Hungarian forint 4,722.63 100
Polish zloty 51.384 100
Danish krone 90.50 100
Swedish krona 132.20 100
Norwegian krone 140.80 100
Turkish lira 591.551 100
Mexican peso 259.43 100
Thai baht 459.92 100
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. ■
