Market exchange rates in China -- Dec. 8-Xinhua

Market exchange rates in China -- Dec. 8

Source: Xinhua

Editor: huaxia

2022-12-08 09:57:00

BEIJING, Dec. 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 696.06

Euro 100 731.66

Japanese yen 100 5.1036

Hong Kong dollar 100 89.353

British pound 100 849.78

Australian dollar 100 467.80

New Zealand dollar 100 442.12

Singapore dollar 100 513.49

Swiss franc 100 740.05

Canadian dollar 100 509.90

Malaysian ringgit 63.122 100

Ruble 884.79 100

Rand 246.61 100

Korean won 18,915 100

UAE dirham 52.772 100

Saudi riyal 54.026 100

Hungarian forint 5,615.05 100

Polish zloty 64.156 100

Danish krone 101.69 100

Swedish krona 149.16 100

Norwegian krone 143.95 100

Turkish lira 267.823 100

Mexican peso 282.75 100

Thai baht 501.37 100

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.