Market exchange rates in China -- Dec. 1

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

Currency Unit Central parity rate in yuan

U.S. dollar 100 689.58

Euro 100 731.11

Japanese yen 100 6.0351

Hong Kong dollar 100 88.910

British pound 100 864.29

Australian dollar 100 510.21

New Zealand dollar 100 488.87

Singapore dollar 100 481.47

Swiss franc 100 678.88

Canadian dollar 100 514.37

Malaysian ringgit 64.665 100

Ruble 929.97 100

Rand 203.91 100

Korean Won 17,018 100

UAE dirham 53.193 100

Saudi riyal 54.320 100

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 Robot.)