BEIJING, Nov. 15 (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 100 717.52
Euro 100 781.52
Japanese yen 100 4.784
Hong Kong dollar 100 91.926
British pound 100 897.47
Australian dollar 100 466.97
New Zealand dollar 100 432.17
Singapore dollar 100 532.69
Swiss franc 100 808.21
Canadian dollar 100 524.79
Malaysian ringgit 65.431 100
Ruble 1,260.84 100
Rand 253.96 100
Korean won 18,163 100
UAE dirham 51.225 100
Saudi riyal 52.309 100
Hungarian forint 4,829.34 100
Polish zloty 56.531 100
Danish krone 95.70 100
Swedish krona 147.41 100
Norwegian krone 151.56 100
Turkish lira 399.507 100
Mexican peso 242.33 100
Thai baht 493.91 100
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.
