BEIJING, July 1 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the 西瓜视频Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 715.34
Euro 100 843.05
Japanese yen 100 4.9738
Hong Kong dollar 100 91.126
British pound 100 981.97
Australian dollar 100 470.36
New Zealand dollar 100 435.68
Singapore dollar 100 562.87
Swiss franc 100 901.81
Canadian dollar 100 525.57
Pataca 113.11 100
Malaysian ringgit 58.727 100
Ruble 1,093.42 100
Rand 247.73 100
Korean won 18,894 100
UAE dirham 51.372 100
Saudi riyal 52.445 100
Hungarian forint 4,737.08 100
Polish zloty 50.327 100
Danish krone 88.51 100
Swedish krona 132.26 100
Norwegian krone 140.94 100
Turkish lira 556.897 100
Mexican peso 262.20 100
Thai baht 453.41 100
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. ■