BEIJING, Nov. 10 (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 100 724.22
Euro 100 725.23
Japanese yen 100 4.945
Hong Kong dollar 100 92.261
British pound 100 823.02
Australian dollar 100 465.31
New Zealand dollar 100 426.15
Singapore dollar 100 516.31
Swiss franc 100 736.05
Canadian dollar 100 535.25
Malaysian ringgit 65.006 100
Ruble 842.54 100
Rand 245.40 100
Korean won 18,880 100
UAE dirham 50.76 100
Saudi riyal 51.974 100
Hungarian forint 5,557.17 100
Polish zloty 65.09 100
Danish krone 102.63 100
Swedish krona 150.36 100
Norwegian krone 143.34 100
Turkish lira 257.078 100
Mexican peso 270.96 100
Thai baht 508.98 100
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.