BEIJING, Feb. 8 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 635.69
Euro 100 726.93
Japanese yen 100 5.523
Hong Kong dollar 100 81.577
British pound 100 860.11
Australian dollar 100 452.74
New Zealand dollar 100 421.58
Singapore dollar 100 473.07
Swiss franc 100 688.37
Canadian dollar 100 501.71
Malaysian ringgit 65.817 100
Ruble 1,186.16 100
Rand 243.88 100
Korean won 18,845 100
UAE dirham 57.788 100
Saudi riyal 59.03 100
Hungarian forint 4,864.70 100
Polish zloty 62.375 100
Danish krone 102.39 100
Swedish krona 143.59 100
Norwegian krone 138.11 100
Turkish lira 213.93 100
Mexican peso 324.04 100
Thai baht 518.86 100
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 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.
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