BEIJING, Nov. 1 (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 100 720.81
Euro 100 713.34
Japanese yen 100 4.8588
Hong Kong dollar 100 91.828
British pound 100 829.86
Australian dollar 100 462.72
New Zealand dollar 100 420.79
Singapore dollar 100 511.03
Swiss franc 100 722.44
Canadian dollar 100 531.33
Malaysian ringgit 65.547 100
Ruble 848.38 100
Rand 253.93 100
Korean won 19,658 100
UAE dirham 50.875 100
Saudi riyal 52.04 100
Hungarian forint 5,744.83 100
Polish zloty 66.20 100
Danish krone 104.64 100
Swedish krona 152.93 100
Norwegian krone 144.31 100
Turkish lira 257.86 100
Mexican peso 274.87 100
Thai baht 524.80 100
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.