BEIJING, Dec. 12 (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 100 711.74
Euro 100 768.12
Japanese yen 100 4.8853
Hong Kong dollar 100 91.182
British pound 100 895.90
Australian dollar 100 468.87
New Zealand dollar 100 437.56
Singapore dollar 100 530.83
Swiss franc 100 812.01
Canadian dollar 100 525.87
Malaysian ringgit 65.751 100
Ruble 1,273.03 100
Rand 267.63 100
Korean won 18,395 100
UAE dirham 51.484 100
Saudi riyal 52.584 100
Hungarian forint 4,998.48 100
Polish zloty 56.55 100
Danish krone 97.19 100
Swedish krona 146.97 100
Norwegian krone 153.63 100
Turkish lira 406.049 100
Mexican peso 244.18 100
Thai baht 497.40 100
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.
