Market exchange rates in China — Nov. 8

BEIJING, Nov. 8 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 714.33
Euro 100 770.99
Japanese yen 100 4.6658
Hong Kong dollar 100 91.906
British pound 100 926.97
Australian dollar 100 476.53
New Zealand dollar 100 429.97
Singapore dollar 100 540.83
Swiss franc 100 818.55
Canadian dollar 100 515.10
Pataca 112.13 100
Malaysian ringgit 61.56 100
Ruble 1,371.10 100
Rand 242.27 100
Korean won 19,366 100
UAE dirham 51.431 100
Saudi riyal 52.59 100
Hungarian forint 5,247.80 100
Polish zloty 55.917 100
Danish krone 96.71 100
Swedish krona 149.64 100
Norwegian krone 152.31 100
Turkish lira 480.938 100
Mexican peso 277.26 100
Thai baht 476.51 100
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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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. ■