BEIJING, Nov. 2 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 671.46
Euro 100 746.50
Japanese yen 100 4.2424
Hong Kong dollar 100 85.595
British pound 100 895.62
Australian dollar 100 470.03
New Zealand dollar 100 376.20
Singapore dollar 100 523.34
Swiss franc 100 811.70
Canadian dollar 100 478.44
Pataca 120.40 100
Malaysian ringgit 60.62 100
Ruble 1,208.91 100
Rand 249.41 100
Korean won 20,023 100
UAE dirham 54.948 100
Saudi riyal 56.147 100
Hungarian forint 4,893.59 100
Polish zloty 59.033 100
Danish krone 100.14 100
Swedish krona 146.88 100
Norwegian krone 137.87 100
Turkish lira 746.668 100
Mexican peso 280.51 100
Thai baht 505.82 100
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. ■
