BEIJING, Jan. 17 (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 100 688.78
Euro 100 767.03
Japanese yen 100 6.2493
Hong Kong dollar 100 88.618
British pound 100 900.72
Australian dollar 100 475.00
New Zealand dollar 100 456.98
Singapore dollar 100 511.40
Swiss franc 100 713.68
Canadian dollar 100 528.13
Malaysian ringgit 58.98 100
Ruble 895.97 100
Rand 209.23 100
Korean won 16,844 100
UAE dirham 53.327 100
Saudi riyal 54.469 100
Hungarian forint 4,361.97 100
Polish zloty 55.16 100
Danish krone 97.42 100
Swedish krona 137.79 100
Norwegian krone 129.06 100
Turkish lira 85.022 100
Mexican peso 272.62 100
Thai baht 441.02 100
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.
