BEIJING, Nov. 23 (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 100 712.81
Euro 100 734.81
Japanese yen 100 5.0498
Hong Kong dollar 100 91.182
British pound 100 847.64
Australian dollar 100 474.02
New Zealand dollar 100 438.57
Singapore dollar 100 517.45
Swiss franc 100 749.14
Canadian dollar 100 533.30
Malaysian ringgit 64.132 100
Ruble 850.41 100
Rand 242.12 100
Korean won 18,962 100
UAE dirham 51.526 100
Saudi riyal 52.724 100
Hungarian forint 5,529.06 100
Polish zloty 64.053 100
Danish krone 101.22 100
Swedish krona 149.22 100
Norwegian krone 141.74 100
Turkish lira 261.09 100
Mexican peso 272.68 100
Thai baht 506.17 100
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. ■
