BEIJING, Nov. 11 (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 100 660.7
Euro 100 780.78
Japanese yen 100 6.2777
Hong Kong dollar 100 85.208
British pound 100 876.2
Australian dollar 100 481.33
New Zealand dollar 100 451.31
Singapore dollar 100 490.04
Swiss franc 100 722.12
Canadian dollar 100 506.97
Malaysian ringgit 62.325 100
Ruble 1,156.82 100
Rand 236.14 100
Korean won 16,886 100
UAE dirham 55.594 100
Saudi riyal 56.768 100
Hungarian forint 4,558.21 100
Polish zloty 57.614 100
Danish krone 95.35 100
Swedish krona 130.41 100
Norwegian krone 136.29 100
Turkish lira 123.789 100
Mexican peso 307.69 100
Thai baht 459.35 100
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