BEIJING, Nov. 4 (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 100 667.71
Euro 100 783.75
Japanese yen 100 6.3792
Hong Kong dollar 100 86.123
British pound 100 874.63
Australian dollar 100 479.75
New Zealand dollar 100 448.42
Singapore dollar 100 491.47
Swiss franc 100 732.59
Canadian dollar 100 509.19
Malaysian ringgit 62.227 100
Ruble 1,185.04 100
Rand 239.89 100
Korean won 16,948 100
UAE dirham 55.035 100
Saudi riyal 56.199 100
Hungarian forint 4,632.67 100
Polish zloty 57.891 100
Danish krone 94.95 100
Swedish krona 131.96 100
Norwegian krone 139.91 100
Turkish lira 126.412 100
Mexican peso 314.85 100
Thai baht 464.87 100
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. Enditem