BEIJING, Nov. 7 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 722.92
Euro 100 717.66
Japanese yen 100 4.9172
Hong Kong dollar 100 92.096
British pound 100 818.24
Australian dollar 100 465.00
New Zealand dollar 100 425.20
Singapore dollar 100 513.32
Swiss franc 100 725.08
Canadian dollar 100 534.70
Malaysian ringgit 65.719 100
Ruble 857.64 100
Rand 249.39 100
Korean won 19,545 100
UAE dirham 50.824 100
Saudi riyal 51.999 100
Hungarian forint 5,612.39 100
Polish zloty 65.393 100
Danish krone 103.72 100
Swedish krona 151.50 100
Norwegian krone 142.31 100
Turkish lira 257.519 100
Mexican peso 271.08 100
Thai baht 518.71 100
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.