BEIJING, April 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 100 685.79
Euro 100 801.73
Japanese yen 100 4.2952
Hong Kong dollar 100 87.536
British pound 100 925.26
Australian dollar 100 489.09
New Zealand dollar 100 401.92
Singapore dollar 100 536.39
Swiss franc 100 870.96
Canadian dollar 100 500.36
Pataca 117.76 100
Malaysian ringgit 57.828 100
Ruble 1,101.29 100
Rand 242.04 100
Korean won 21,578 100
UAE dirham 53.669 100
Saudi riyal 54.806 100
Hungarian forint 4,549.20 100
Polish zloty 52.875 100
Danish krone 93.23 100
Swedish krona 135.03 100
Norwegian krone 136.21 100
Turkish lira 657.358 100
Mexican peso 253.98 100
Thai baht 473.97 100
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. ■
