BEIJING, Nov. 28 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 716.17
Euro 100 742.90
Japanese yen 100 5.1392
Hong Kong dollar 100 91.644
British pound 100 863.82
Australian dollar 100 481.07
New Zealand dollar 100 445.53
Singapore dollar 100 519.85
Swiss franc 100 756.31
Canadian dollar 100 534.57
Malaysian ringgit 62.646 100
Ruble 835.81 100
Rand 239.56 100
Korean won 18,540 100
UAE dirham 51.299 100
Saudi riyal 52.486 100
Hungarian forint 5,511.58 100
Polish zloty 63.222 100
Danish krone 100.11 100
Swedish krona 145.88 100
Norwegian krone 138.39 100
Turkish lira 260.243 100
Mexican peso 269.94 100
Thai baht 501.23 100
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.
