BEIJING, Nov. 6 (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 100 717.80
Euro 100 772.62
Japanese yen 100 4.8303
Hong Kong dollar 100 91.753
British pound 100 890.77
Australian dollar 100 469.41
New Zealand dollar 100 432.77
Singapore dollar 100 531.49
Swiss franc 100 800.62
Canadian dollar 100 527.73
Malaysian ringgit 65.617 100
Ruble 1,286.08 100
Rand 254.07 100
Korean won 18,180 100
UAE dirham 51.138 100
Saudi riyal 52.23 100
Hungarian forint 4,929.43 100
Polish zloty 57.961 100
Danish krone 96.90 100
Swedish krona 151.18 100
Norwegian krone 153.35 100
Turkish lira 394.784 100
Mexican peso 243.84 100
Thai baht 493.02 100
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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