BEIJING, Dec. 6 (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 100 711.40
Euro 100 769.37
Japanese yen 100 4.844
Hong Kong dollar 100 90.993
British pound 100 897.97
Australian dollar 100 467.53
New Zealand dollar 100 437.69
Singapore dollar 100 531.57
Swiss franc 100 814.71
Canadian dollar 100 524.70
Malaysian ringgit 65.555 100
Ruble 1,280.06 100
Rand 266.17 100
Korean won 18,380 100
UAE dirham 51.526 100
Saudi riyal 52.627 100
Hungarian forint 4,937.74 100
Polish zloty 56.234 100
Danish krone 96.94 100
Swedish krona 147.05 100
Norwegian krone 153.24 100
Turkish lira 405.573 100
Mexican peso 244.07 100
Thai baht 493.22 100
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.