BEIJING, Nov. 17 (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 100 706.55
Euro 100 734.42
Japanese yen 100 5.0635
Hong Kong dollar 100 90.323
British pound 100 841.89
Australian dollar 100 476.34
New Zealand dollar 100 434.46
Singapore dollar 100 515.99
Swiss franc 100 748.51
Canadian dollar 100 530.33
Malaysian ringgit 64.35 100
Ruble 855.41 100
Rand 244.10 100
Korean won 18,828 100
UAE dirham 51.982 100
Saudi riyal 53.194 100
Hungarian forint 5,579.77 100
Polish zloty 64.053 100
Danish krone 101.29 100
Swedish krona 148.26 100
Norwegian krone 141.47 100
Turkish lira 263.636 100
Mexican peso 273.70 100
Thai baht 505.46 100
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.