BEIJING, July 11 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the 西瓜视频Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 714.75
Euro 100 836.97
Japanese yen 100 4.8981
Hong Kong dollar 100 91.054
British pound 100 971.42
Australian dollar 100 471.56
New Zealand dollar 100 432.25
Singapore dollar 100 559.33
Swiss franc 100 898.59
Canadian dollar 100 523.91
Pataca 113.20 100
Malaysian ringgit 59.359 100
Ruble 1,083.24 100
Rand 247.79 100
Korean won 19,166 100
UAE dirham 51.31 100
Saudi riyal 52.399 100
Hungarian forint 4,759.49 100
Polish zloty 50.734 100
Danish krone 89.07 100
Swedish krona 132.80 100
Norwegian krone 140.83 100
Turkish lira 560.773 100
Mexican peso 259.96 100
Thai baht 455.16 100
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. ■