BEIJING, Aug. 29 (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 100 710.30
Euro 100 830.08
Japanese yen 100 4.8428
Hong Kong dollar 100 91.157
British pound 100 960.43
Australian dollar 100 464.32
New Zealand dollar 100 418.47
Singapore dollar 100 554.53
Swiss franc 100 886.63
Canadian dollar 100 517.21
Pataca 113.05 100
Malaysian ringgit 59.199 100
Ruble 1,130.72 100
Rand 248.78 100
Korean won 19,475 100
UAE dirham 51.646 100
Saudi riyal 52.763 100
Hungarian forint 4,774.77 100
Polish zloty 51.323 100
Danish krone 89.94 100
Swedish krona 133.36 100
Norwegian krone 141.57 100
Turkish lira 578.333 100
Mexican peso 262.35 100
Thai baht 453.59 100
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. ■