BEIJING, Nov. 5 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 671.56
Euro 100 752.43
Japanese yen 100 4.2283
Hong Kong dollar 100 85.601
British pound 100 902.30
Australian dollar 100 468.98
New Zealand dollar 100 376.50
Singapore dollar 100 523.73
Swiss franc 100 820.30
Canadian dollar 100 479.09
Pataca 120.38 100
Malaysian ringgit 60.617 100
Ruble 1,224.59 100
Rand 244.96 100
Korean won 20,054 100
UAE dirham 54.869 100
Saudi riyal 56.072 100
Hungarian forint 4,814.88 100
Polish zloty 58.242 100
Danish krone 99.35 100
Swedish krona 145.35 100
Norwegian krone 138.94 100
Turkish lira 747.187 100
Mexican peso 277.55 100
Thai baht 502.49 100
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. ■
