BEIJING, Dec. 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 662.18
Euro 100 779.41
Japanese yen 100 5.8498
Hong Kong dollar 100 84.800
British pound 100 891.99
Australian dollar 100 497.25
New Zealand dollar 100 452.08
Singapore dollar 100 489.85
Swiss franc 100 665.67
Canadian dollar 100 514.99
Malaysian ringgit 61.716 100
Ruble 894.90 100
Rand 207.37 100
Korean won 16,520 100
UAE dirham 55.463 100
Saudi riyal 56.635 100
Hungarian forint 4,038.74 100
Polish zloty 53.998 100
Danish krone 95.48 100
Swedish krona 128.18 100
Norwegian krone 125.59 100
Turkish lira 58.354 100
Mexican peso 286.38 100
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 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.
(This article is generated by Xinhua News Robot.)
