BEIJING, Nov. 12 (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 100 671.74
Euro 100 743.42
Japanese yen 100 4.2024
Hong Kong dollar 100 85.633
British pound 100 889.71
Australian dollar 100 458.37
New Zealand dollar 100 372.57
Singapore dollar 100 521.91
Swiss franc 100 805.66
Canadian dollar 100 470.02
Pataca 120.34 100
Malaysian ringgit 60.766 100
Ruble 1,238.61 100
Rand 247.65 100
Korean won 19,992 100
UAE dirham 54.834 100
Saudi riyal 56.032 100
Hungarian forint 4,902.02 100
Polish zloty 59.258 100
Danish krone 100.57 100
Swedish krona 148.76 100
Norwegian krone 142.74 100
Turkish lira 749.75 100
Mexican peso 277.47 100
Thai baht 504.23 100
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. ■
