BEIJING, Oct. 28 (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 100 671.95
Euro 100 791.21
Japanese yen 100 6.4277
Hong Kong dollar 100 86.703
British pound 100 875.31
Australian dollar 100 478.33
New Zealand dollar 100 449.95
Singapore dollar 100 493.34
Swiss franc 100 738.92
Canadian dollar 100 509.26
Malaysian ringgit 62.023 100
Ruble 1,150.74 100
Rand 241.16 100
Korean won 16,794 100
UAE dirham 54.682 100
Saudi riyal 55.835 100
Hungarian forint 4,615.62 100
Polish zloty 57.96 100
Danish krone 94.02 100
Swedish krona 130.11 100
Norwegian krone 136.95 100
Turkish lira 121.992 100
Mexican peso 313.27 100
Thai baht 465.10 100
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.