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Market Exchange Rates in China -- December 14
 

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 690.28

Euro 100 733.75

Japanese yen 100 5.9962

Hong Kong dollar 100 88.989

British pound 100 874.07

Australian dollar 100 517.31

New Zealand dollar 100 497.22

Singapore dollar 100 484.87

Swiss franc 100 682.36

Canadian dollar 100 525.75

Malaysian ringgit 63.993 100

Ruble 878.23 100

Rand 196.84 100

Korean Won 16,875 100

UAE dirham 53.177 100

Saudi riyal 54.31 100

Hungarian forint 4,277.41 100

Polish zloty 60.284 100

Danish krone 101.33 100

Swedish krona 132.74 100

Norwegian krone 122.04 100

Turkish lira 50.520 100

Mexican peso 293.50 100

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 rates of the yuan against the Hong Kong dollar and the Canadian dollar are based on the central parity rate of the yuan against the U.S. dollar and the exchange rates of the four currencies 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 euro, British pound, Japanese yen, Australian dollar, Singapore dollar, New Zealand dollar, Malaysian ringgit, rubble, rand, Korean won, UAE dirham and Saudi riyal are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.


(www.chinaview.cn 2016-12-14)
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