BEIJING, Sept. 14 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 718.74
Euro 100 776.11
Japanese yen 100 4.9174
Hong Kong dollar 100 91.807
British pound 100 903.23
Australian dollar 100 465.19
New Zealand dollar 100 429.02
Singapore dollar 100 531.57
Swiss franc 100 809.38
Canadian dollar 100 534.36
Malaysian ringgit 65.084 100
Ruble 1,331.06 100
Rand 260.59 100
Korean won 18,312 100
UAE dirham 50.829 100
Saudi riyal 51.906 100
Hungarian forint 4,967.95 100
Polish zloty 59.846 100
Danish krone 96.14 100
Swedish krona 153.89 100
Norwegian krone 148.01 100
Turkish lira 372.886 100
Mexican peso 238.35 100
Thai baht 492.54 100
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.