BEIJING, Nov. 14 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 708.25
Euro 100 824.03
Japanese yen 100 4.5846
Hong Kong dollar 100 91.139
British pound 100 931.66
Australian dollar 100 462.73
New Zealand dollar 100 400.82
Singapore dollar 100 544.83
Swiss franc 100 893.13
Canadian dollar 100 504.92
Pataca 113.09 100
Malaysian ringgit 58.215 100
Ruble 1,136.89 100
Rand 240.55 100
Korean won 20,667 100
UAE dirham 51.809 100
Saudi riyal 52.902 100
Hungarian forint 4,660.04 100
Polish zloty 51.317 100
Danish krone 90.61 100
Swedish krona 132.69 100
Norwegian krone 141.41 100
Turkish lira 596.305 100
Mexican peso 258.43 100
Thai baht 456.08 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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. ■
