BEIJING, Nov. 1 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 717.78
Euro 100 763.99
Japanese yen 100 4.7861
Hong Kong dollar 100 91.727
British pound 100 878.14
Australian dollar 100 458.84
New Zealand dollar 100 421.34
Singapore dollar 100 526.93
Swiss franc 100 794.47
Canadian dollar 100 521.43
Malaysian ringgit 66.376 100
Ruble 1,287.95 100
Rand 258.71 100
Korean won 18,639 100
UAE dirham 50.931 100
Saudi riyal 52.021 100
Hungarian forint 5,033.14 100
Polish zloty 58.651 100
Danish krone 98.06 100
Swedish krona 154.67 100
Norwegian krone 154.82 100
Turkish lira 392.521 100
Mexican peso 251.56 100
Thai baht 497.80 100
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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