BEIJING, Oct. 23 (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 100 707.52
Euro 100 787.25
Japanese yen 100 6.523
Hong Kong dollar 100 90.219
British pound 100 911.61
Australian dollar 100 485.34
New Zealand dollar 100 453.48
Singapore dollar 100 519.07
Swiss franc 100 715.19
Canadian dollar 100 540.39
Malaysian ringgit 59.194 100
Ruble 900.61 100
Rand 206.24 100
Korean won 16,568 100
UAE dirham 51.914 100
Saudi riyal 53.015 100
Hungarian forint 4,179.71 100
Polish zloty 54.246 100
Danish krone 94.88 100
Swedish krona 136.35 100
Norwegian krone 129.28 100
Turkish lira 81.992 100
Mexican peso 270.54 100
Thai baht 428.22 100
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.