BEIJING, Nov. 3 (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 100 717.96
Euro 100 766.12
Japanese yen 100 4.8037
Hong Kong dollar 100 91.746
British pound 100 879.04
Australian dollar 100 464.05
New Zealand dollar 100 426.57
Singapore dollar 100 528.00
Swiss franc 100 794.67
Canadian dollar 100 525.00
Malaysian ringgit 66.261 100
Ruble 1,290.19 100
Rand 255.94 100
Korean won 18,456 100
UAE dirham 51.053 100
Saudi riyal 52.146 100
Hungarian forint 5,017.35 100
Polish zloty 58.431 100
Danish krone 97.88 100
Swedish krona 154.11 100
Norwegian krone 154.92 100
Turkish lira 394.464 100
Mexican peso 244.63 100
Thai baht 497.67 100
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.
