BEIJING, Nov. 17 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 657.62
Euro 100 779.88
Japanese yen 100 6.291
Hong Kong dollar 100 84.818
British pound 100 869.57
Australian dollar 100 481.40
New Zealand dollar 100 454.26
Singapore dollar 100 488.92
Swiss franc 100 720.80
Canadian dollar 100 503.01
Malaysian ringgit 62.524 100
Ruble 1,158.95 100
Rand 232.88 100
Korean won 16,844 100
UAE dirham 55.857 100
Saudi riyal 57.037 100
Hungarian forint 4,606.15 100
Polish zloty 57.306 100
Danish krone 95.48 100
Swedish krona 131.01 100
Norwegian krone 137.73 100
Turkish lira 117.107 100
Mexican peso 308.08 100
Thai baht 458.92 100
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