BEIJING, Oct. 21 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 711.86
Euro 100 699.02
Japanese yen 100 4.7607
Hong Kong dollar 100 90.689
British pound 100 803.20
Australian dollar 100 448.46
New Zealand dollar 100 405.57
Singapore dollar 100 502.72
Swiss franc 100 712.57
Canadian dollar 100 519.46
Malaysian ringgit 66.164 100
Ruble 852.00 100
Rand 256.17 100
Korean won 19,931 100
UAE dirham 51.419 100
Saudi riyal 52.606 100
Hungarian forint 5,865.49 100
Polish zloty 68.494 100
Danish krone 106.77 100
Swedish krona 157.91 100
Norwegian krone 149.69 100
Turkish lira 260.032 100
Mexican peso 281.25 100
Thai baht 532.84 100
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. ■