BEIJING, Nov. 2 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 717.97
Euro 100 763.32
Japanese yen 100 4.7994
Hong Kong dollar 100 91.783
British pound 100 877.98
Australian dollar 100 463.59
New Zealand dollar 100 425.17
Singapore dollar 100 527.27
Swiss franc 100 795.95
Canadian dollar 100 521.56
Malaysian ringgit 66.402 100
Ruble 1,282.07 100
Rand 257.31 100
Korean won 18,610 100
UAE dirham 51.045 100
Saudi riyal 52.138 100
Hungarian forint 5,049.89 100
Polish zloty 58.851 100
Danish krone 98.14 100
Swedish krona 154.79 100
Norwegian krone 154.81 100
Turkish lira 393.50 100
Mexican peso 247.69 100
Thai baht 499.39 100
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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