BEIJING, Dec. 28 (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 100 696.81
Euro 100 740.90
Japanese yen 100 5.2183
Hong Kong dollar 100 89.328
British pound 100 837.74
Australian dollar 100 468.75
New Zealand dollar 100 436.83
Singapore dollar 100 517.07
Swiss franc 100 749.63
Canadian dollar 100 515.30
Malaysian ringgit 63.509 100
Ruble 996.36 100
Rand 247.04 100
Korean won 18,246 100
UAE dirham 52.712 100
Saudi riyal 53.943 100
Hungarian forint 5,411.21 100
Polish zloty 63.166 100
Danish krone 100.38 100
Swedish krona 150.33 100
Norwegian krone 141.00 100
Turkish lira 268.086 100
Mexican peso 279.56 100
Thai baht 496.84 100
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. ■
