BEIJING, Nov. 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 716.67
Euro 100 733.78
Japanese yen 100 5.0428
Hong Kong dollar 100 91.859
British pound 100 847.35
Australian dollar 100 473.40
New Zealand dollar 100 437.25
Singapore dollar 100 518.52
Swiss franc 100 747.60
Canadian dollar 100 532.79
Malaysian ringgit 63.965 100
Ruble 846.52 100
Rand 241.96 100
Korean won 18,942 100
UAE dirham 51.251 100
Saudi riyal 52.44 100
Hungarian forint 5,572.66 100
Polish zloty 64.082 100
Danish krone 101.35 100
Swedish krona 149.43 100
Norwegian krone 143.22 100
Turkish lira 259.687 100
Mexican peso 272.79 100
Thai baht 506.08 100
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.