BEIJING, Oct. 26 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 716.38
Euro 100 716.14
Japanese yen 100 4.8546
Hong Kong dollar 100 91.262
British pound 100 825.60
Australian dollar 100 458.80
New Zealand dollar 100 412.60
Singapore dollar 100 509.05
Swiss franc 100 724.15
Canadian dollar 100 529.27
Malaysian ringgit 65.81 100
Ruble 852.75 100
Rand 253.11 100
Korean won 19,786 100
UAE dirham 51.067 100
Saudi riyal 52.266 100
Hungarian forint 5,801.94 100
Polish zloty 66.816 100
Danish krone 104.19 100
Swedish krona 152.71 100
Norwegian krone 144.96 100
Turkish lira 258.703 100
Mexican peso 277.36 100
Thai baht 526.48 100
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.