BEIJING, Dec. 3 (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 100 719.96 Euro 100 757.99 Japanese yen 100 4.8384 Hong Kong dollar 100 92.526 British pound 100 913.92 Australian dollar 100 468.06 New Zealand dollar 100 425.99 Singapore dollar 100 537.22 Swiss franc 100 813.83 Canadian dollar 100 514.73 Pataca 111.38 100 Malaysian ringgit 61.693 100 Ruble 1,465.14 100 Rand 251.44 100 Korean won 19,391 100 UAE dirham 50.84 100 Saudi riyal 52.001 100 Hungarian forint 5,467.69 100 Polish zloty 56.508 100 Danish krone 98.45 100 Swedish krona 152.15 100 Norwegian krone 153.61 100 Turkish lira 480.632 100 Mexican peso 282.88 100 Thai baht 476.58 100 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.