BEIJING, Nov. 19 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 708.72
Euro 100 821.64
Japanese yen 100 4.5635
Hong Kong dollar 100 91.023
British pound 100 932.95
Australian dollar 100 461.81
New Zealand dollar 100 401.61
Singapore dollar 100 545.13
Swiss franc 100 886.85
Canadian dollar 100 507.43
Pataca 113.22 100
Malaysian ringgit 58.585 100
Ruble 1,139.83 100
Rand 242.29 100
Korean won 20,587 100
UAE dirham 51.753 100
Saudi riyal 52.842 100
Hungarian forint 4,672.30 100
Polish zloty 51.584 100
Danish krone 90.90 100
Swedish krona 133.48 100
Norwegian krone 142.46 100
Turkish lira 596.352 100
Mexican peso 258.58 100
Thai baht 455.89 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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. ■
