BEIJING, Dec. 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 699.75
Euro 100 732.46
Japanese yen 100 5.1115
Hong Kong dollar 100 89.934
British pound 100 848.91
Australian dollar 100 468.63
New Zealand dollar 100 442.43
Singapore dollar 100 515.19
Swiss franc 100 742.79
Canadian dollar 100 512.89
Malaysian ringgit 62.813 100
Ruble 864.95 100
Rand 247.63 100
Korean won 18,882 100
UAE dirham 52.494 100
Saudi riyal 53.731 100
Hungarian forint 5,615.96 100
Polish zloty 64.03 100
Danish krone 101.52 100
Swedish krona 148.77 100
Norwegian krone 143.03 100
Turkish lira 266.219 100
Mexican peso 282.42 100
Thai baht 501.29 100
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. ■
