Market exchange rates in China -- Nov. 16

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 16 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 685.92

Euro 100 735.92

Japanese yen 100 6.2905

Hong Kong dollar 100 88.426

British pound 100 854.12

Australian dollar 100 517.77

New Zealand dollar 100 486.32

Singapore dollar 100 485.15

Swiss franc 100 685.21

Canadian dollar 100 510.06

Malaysian ringgit 63.077 100

Ruble 937.36 100

Rand 206.70 100

Korean Won 17,031 100

UAE dirham 53.537 100

Saudi riyal 54.668 100

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. Enditem

(This article is generated by Xinhua News Robo