BEIJING, Oct. 26 (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 100 717.84
Euro 100 762.72
Japanese yen 100 4.8212
Hong Kong dollar 100 91.76
British pound 100 874.00
Australian dollar 100 455.29
New Zealand dollar 100 419.83
Singapore dollar 100 525.59
Swiss franc 100 804.10
Canadian dollar 100 523.78
Malaysian ringgit 66.549 100
Ruble 1,286.99 100
Rand 265.50 100
Korean won 18,628 100
UAE dirham 50.946 100
Saudi riyal 52.033 100
Hungarian forint 5,071.87 100
Polish zloty 58.987 100
Danish krone 98.21 100
Swedish krona 154.37 100
Norwegian krone 155.34 100
Turkish lira 391.637 100
Mexican peso 255.55 100
Thai baht 499.65 100
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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