BEIJING, Nov. 10 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 717.71
Euro 100 769.17
Japanese yen 100 4.7744
Hong Kong dollar 100 91.928
British pound 100 881.53
Australian dollar 100 459.61
New Zealand dollar 100 426.27
Singapore dollar 100 529.64
Swiss franc 100 798.91
Canadian dollar 100 522.81
Malaysian ringgit 65.494 100
Ruble 1,270.10 100
Rand 259.24 100
Korean won 18,158 100
UAE dirham 50.985 100
Saudi riyal 52.069 100
Hungarian forint 4,946.57 100
Polish zloty 57.889 100
Danish krone 97.21 100
Swedish krona 151.45 100
Norwegian krone 155.62 100
Turkish lira 395.943 100
Mexican peso 247.94 100
Thai baht 493.55 100
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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