BEIJING, Dec. 29 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 697.93
Euro 100 741.61
Japanese yen 100 5.2031
Hong Kong dollar 100 89.573
British pound 100 839.64
Australian dollar 100 470.87
New Zealand dollar 100 440.78
Singapore dollar 100 517.13
Swiss franc 100 752.08
Canadian dollar 100 513.22
Malaysian ringgit 63.381 100
Ruble 1,034.87 100
Rand 245.47 100
Korean won 18,194 100
UAE dirham 52.614 100
Saudi riyal 53.854 100
Hungarian forint 5,415.62 100
Polish zloty 63.236 100
Danish krone 100.26 100
Swedish krona 149.89 100
Norwegian krone 141.66 100
Turkish lira 268.098 100
Mexican peso 278.43 100
Thai baht 497.30 100
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. ■
