BEIJING, Oct. 25 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 716.68
Euro 100 709.08
Japanese yen 100 4.8136
Hong Kong dollar 100 91.299
British pound 100 812.61
Australian dollar 100 453.90
New Zealand dollar 100 408.54
Singapore dollar 100 506.20
Swiss franc 100 718.92
Canadian dollar 100 525.16
Malaysian ringgit 66.113 100
Ruble 847.90 100
Rand 256.66 100
Korean won 19,962 100
UAE dirham 51.162 100
Saudi riyal 52.35 100
Hungarian forint 5,866.11 100
Polish zloty 67.796 100
Danish krone 105.37 100
Swedish krona 155.47 100
Norwegian krone 146.58 100
Turkish lira 259.782 100
Mexican peso 279.09 100
Thai baht 530.22 100
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.