BEIJING, Nov. 13 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 719.91
Euro 100 768.75
Japanese yen 100 4.6841
Hong Kong dollar 100 92.553
British pound 100 922.21
Australian dollar 100 472.53
New Zealand dollar 100 428.89
Singapore dollar 100 540.89
Swiss franc 100 820.73
Canadian dollar 100 519.15
Pataca 111.34 100
Malaysian ringgit 61.312 100
Ruble 1,358.19 100
Rand 250.13 100
Korean won 19,457 100
UAE dirham 50.742 100
Saudi riyal 51.899 100
Hungarian forint 5,344.19 100
Polish zloty 56.606 100
Danish krone 97.01 100
Swedish krona 150.61 100
Norwegian krone 153.02 100
Turkish lira 474.664 100
Mexican peso 284.35 100
Thai baht 481.21 100
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. ■
