BEIJING, Nov. 16 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 693.77
Euro 100 785.80
Japanese yen 100 6.1102
Hong Kong dollar 100 88.58
British pound 100 886.34
Australian dollar 100 504.76
New Zealand dollar 100 473.61
Singapore dollar 100 504.27
Swiss franc 100 689.02
Canadian dollar 100 526.53
Malaysian ringgit 60.395 100
Ruble 949.69 100
Rand 204.73 100
Korean won 16,261 100
UAE dirham 52.947 100
Saudi riyal 54.084 100
Hungarian forint 4,097.13 100
Polish zloty 54.566 100
Danish krone 94.98 100
Swedish krona 130.70 100
Norwegian krone 122.31 100
Turkish lira 77.467 100
Mexican peso 291.91 100
Thai baht 474.88 100
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.)