BEIJING, Dec. 6 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 697.46
Euro 100 732.51
Japanese yen 100 5.1067
Hong Kong dollar 100 89.775
British pound 100 850.69
Australian dollar 100 467.69
New Zealand dollar 100 441.21
Singapore dollar 100 514.34
Swiss franc 100 740.18
Canadian dollar 100 513.16
Malaysian ringgit 62.713 100
Ruble 876.17 100
Rand 250.12 100
Korean won 18,697 100
UAE dirham 52.66 100
Saudi riyal 53.889 100
Hungarian forint 5,642.87 100
Polish zloty 64.327 100
Danish krone 101.59 100
Swedish krona 149.05 100
Norwegian krone 142.55 100
Turkish lira 267.179 100
Mexican peso 282.98 100
Thai baht 501.96 100
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.