BEIJING, Nov. 4 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 708.85
Euro 100 817.59
Japanese yen 100 4.6072
Hong Kong dollar 100 91.181
British pound 100 932.77
Australian dollar 100 464.36
New Zealand dollar 100 405.31
Singapore dollar 100 544.17
Swiss franc 100 878.48
Canadian dollar 100 505.26
Pataca 113.02 100
Malaysian ringgit 59.148 100
Ruble 1,137.06 100
Rand 243.97 100
Korean won 20,152 100
UAE dirham 51.707 100
Saudi riyal 52.803 100
Hungarian forint 4,735.59 100
Polish zloty 52.011 100
Danish krone 91.31 100
Swedish krona 133.53 100
Norwegian krone 142.53 100
Turkish lira 592.073 100
Mexican peso 260.57 100
Thai baht 456.95 100
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. ■
