BEIJING, Oct. 20 (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 100 660.92
Euro 100 783.18
Japanese yen 100 5.8707
Hong Kong dollar 100 84.725
British pound 100 869.42
Australian dollar 100 520.62
New Zealand dollar 100 463.82
Singapore dollar 100 487.37
Swiss franc 100 677.27
Canadian dollar 100 529.68
Malaysian ringgit 63.869 100
Ruble 866.38 100
Rand 204.41 100
Korean won 17,084 100
UAE dirham 55.563 100
Saudi riyal 56.732 100
Hungarian forint 3,926.78 100
Polish zloty 54.053 100
Danish krone 95.04 100
Swedish krona 122.93 100
Norwegian krone 119.92 100
Turkish lira 55.214 100
Mexican peso 284.54 100
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 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.)
