BEIJING, Dec. 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 711.23
Euro 100 767.92
Japanese yen 100 4.9431
Hong Kong dollar 100 91.045
British pound 100 894.92
Australian dollar 100 469.26
New Zealand dollar 100 438.83
Singapore dollar 100 531.53
Swiss franc 100 813.04
Canadian dollar 100 523.36
Malaysian ringgit 65.662 100
Ruble 1,297.23 100
Rand 264.54 100
Korean won 18,433 100
UAE dirham 51.635 100
Saudi riyal 52.742 100
Hungarian forint 4,978.33 100
Polish zloty 56.467 100
Danish krone 97.24 100
Swedish krona 145.96 100
Norwegian krone 152.85 100
Turkish lira 406.545 100
Mexican peso 245.90 100
Thai baht 492.97 100
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.
