BEIJING, Nov. 14 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 694.02
Euro 100 785.21
Japanese yen 100 6.0985
Hong Kong dollar 100 88.613
British pound 100 903.62
Australian dollar 100 501.83
New Zealand dollar 100 469.79
Singapore dollar 100 503.76
Swiss franc 100 689.96
Canadian dollar 100 524.79
Malaysian ringgit 60.34 100
Ruble 978.37 100
Rand 208.17 100
Korean won 16,292 100
UAE dirham 52.926 100
Saudi riyal 54.05 100
Hungarian forint 4,111.19 100
Polish zloty 54.67 100
Danish krone 95.03 100
Swedish krona 130.24 100
Norwegian krone 122.16 100
Turkish lira 78.923 100
Mexican peso 294.97 100
Thai baht 474.45 100
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 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.
(This article is generated by Xinhua News Robot.)