BEIJING, Dec. 17 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 705.73
Euro 100 828.03
Japanese yen 100 4.5516
Hong Kong dollar 100 90.719
British pound 100 945.81
Australian dollar 100 467.00
New Zealand dollar 100 407.09
Singapore dollar 100 546.80
Swiss franc 100 886.06
Canadian dollar 100 512.14
Pataca 113.63 100
Malaysian ringgit 57.901 100
Ruble 1,123.29 100
Rand 237.67 100
Korean won 20,923 100
UAE dirham 52.141 100
Saudi riyal 53.243 100
Hungarian forint 4,654.91 100
Polish zloty 50.882 100
Danish krone 90.26 100
Swedish krona 132.01 100
Norwegian krone 144.60 100
Turkish lira 606.283 100
Mexican peso 254.92 100
Thai baht 446.45 100
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. ■
