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BEIJING, Jan. 16 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 671.35
Euro 100 727.09
Japanese yen 100 5.2431
Hong Kong dollar 100 85.958
British pound 100 820.99
Australian dollar 100 468.13
New Zealand dollar 100 428.39
Singapore dollar 100 508.83
Swiss franc 100 724.38
Canadian dollar 100 501.20
Malaysian ringgit 64.532 100
Ruble 1,018.72 100
Rand 250.96 100
Korean won 18,446 100
UAE dirham 54.699 100
Saudi riyal 55.953 100
Hungarian forint 5,454.07 100
Polish zloty 64.56 100
Danish krone 102.36 100
Swedish krona 154.39 100
Norwegian krone 147.09 100
Turkish lira 279.836 100
Mexican peso 279.62 100
Thai baht 490.23 100
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. ■