Market exchange rates in China -- Nov. 16

Market exchange rates in China — Nov. 16

BEIJING, Nov. 16 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 660.48

Euro 100 782.46

Japanese yen 100 6.3104

Hong Kong dollar 100 85.187

British pound 100 872.25

Australian dollar 100 480.99

New Zealand dollar 100 452.95

Singapore dollar 100 490.39

Swiss franc 100 724.12

Canadian dollar 100 503.38

Malaysian ringgit 62.386 100

Ruble 1,170.95 100

Rand 235.06 100

Korean won 16,807 100

UAE dirham 55.60 100

Saudi riyal 56.771 100

Hungarian forint 4,575.29 100

Polish zloty 57.301 100

Danish krone 95.22 100

Swedish krona 131.30 100

Norwegian krone 138.35 100

Turkish lira 116.045 100

Mexican peso 308.28 100

Thai baht 456.88 100

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.

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