BEIJING, Feb. 27 (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 100 692.28
Euro 100 812.08
Japanese yen 100 4.4216
Hong Kong dollar 100 88.484
British pound 100 927.09
Australian dollar 100 487.76
New Zealand dollar 100 410.18
Singapore dollar 100 544.88
Swiss franc 100 889.12
Canadian dollar 100 502.66
Pataca 116.46 100
Malaysian ringgit 56.393 100
Ruble 1,122.92 100
Rand 231.24 100
Korean won 20,890 100
UAE dirham 53.411 100
Saudi riyal 54.539 100
Hungarian forint 4,620.30 100
Polish zloty 51.899 100
Danish krone 92.03 100
Swedish krona 131.65 100
Norwegian krone 139.02 100
Turkish lira 638.455 100
Mexican peso 249.27 100
Thai baht 452.71 100
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. ■
