BEIJING, Nov. 13 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 671.52
Euro 100 740.23
Japanese yen 100 4.1952
Hong Kong dollar 100 85.604
British pound 100 886.41
Australian dollar 100 455.75
New Zealand dollar 100 371.23
Singapore dollar 100 520.64
Swiss franc 100 801.95
Canadian dollar 100 469.47
Pataca 120.38 100
Malaysian ringgit 60.854 100
Ruble 1,240.89 100
Rand 250.01 100
Korean won 19,993 100
UAE dirham 54.863 100
Saudi riyal 56.06 100
Hungarian forint 4,928.48 100
Polish zloty 59.441 100
Danish krone 100.99 100
Swedish krona 149.78 100
Norwegian krone 142.85 100
Turkish lira 751.05 100
Mexican peso 277.71 100
Thai baht 506.58 100
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. ■
