BEIJING, Nov. 12 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 662.36
Euro 100 779.96
Japanese yen 100 6.2831
Hong Kong dollar 100 85.42
British pound 100 875.84
Australian dollar 100 482.12
New Zealand dollar 100 456.00
Singapore dollar 100 491.02
Swiss franc 100 722.43
Canadian dollar 100 507.06
Malaysian ringgit 62.378 100
Ruble 1,163.16 100
Rand 235.98 100
Korean won 16,788 100
UAE dirham 55.456 100
Saudi riyal 56.628 100
Hungarian forint 4,554.30 100
Polish zloty 57.45 100
Danish krone 95.45 100
Swedish krona 130.37 100
Norwegian krone 137.06 100
Turkish lira 117.824 100
Mexican peso 309.12 100
Thai baht 457.15 100
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