BEIJING,- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 671.14

Euro 100 700.84

Japanese yen 100 4.9136

 

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Hong Kong dollar 100 85.519

British pound 100 813.65

Australian dollar 100 461.45

New Zealand dollar 100 417.71

Singapore dollar 100 481.70

Swiss franc 100 702.99

Canadian dollar 100 520.58

Malaysian ringgit 65.572 100

Ruble 778.10 100

Rand 241.95 100

Korean won 19,397 100

UAE dirham 54.722 100

Saudi riyal 55.90 100

Hungarian forint 5,621.62 100

Polish zloty 66.597 100

Danish krone 106.14 100

Swedish krona 152.56 100

Norwegian krone 147.37 100

Turkish lira 247.733 100

Mexican peso 300.08 100

Thai baht 524.65 100

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.

Originally Published by CommSec