BEIJING, Dec. 1 (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 100 659.21
Euro 100 786.77
Japanese yen 100 6.3185
Hong Kong dollar 100 85.041
British pound 100 878.87
Australian dollar 100 484.66
New Zealand dollar 100 462.57
Singapore dollar 100 491.57
Swiss franc 100 725.58
Canadian dollar 100 507.18
Malaysian ringgit 61.812 100
Ruble 1,159.06 100
Rand 234.51 100
Korean won 16,814 100
UAE dirham 55.722 100
Saudi riyal 56.899 100
Hungarian forint 4,563.46 100
Polish zloty 56.913 100
Danish krone 94.58 100
Swedish krona 130.05 100
Norwegian krone 134.83 100
Turkish lira 118.712 100
Mexican peso 305.82 100
Thai baht 459.44 100
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. Enditem