BEIJING, Feb. 28 (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 China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 717.38
Euro 100 750.45
Japanese yen 100 4.8336
Hong Kong dollar 100 92.26
British pound 100 909.94
Australian dollar 100 451.01
New Zealand dollar 100 408.06
Singapore dollar 100 535.22
Swiss franc 100 801.91
Canadian dollar 100 500.79
Pataca 111.72 100
Malaysian ringgit 61.81 100
Ruble 1,203.81 100
Rand 256.03 100
Korean won 19,989 100
UAE dirham 50.84 100
Saudi riyal 51.919 100
Hungarian forint 5,339.57 100
Polish zloty 55.513 100
Danish krone 99.46 100
Swedish krona 148.85 100
Norwegian krone 155.62 100
Turkish lira 505.296 100
Mexican peso 284.19 100
Thai baht 469.46 100
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. ■
