BEIJING, March 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 634.25
Euro 100 703.37
Japanese yen 100 5.3463
Hong Kong dollar 100 81.134
British pound 100 834.05
Australian dollar 100 467.78
New Zealand dollar 100 436.86
Singapore dollar 100 468.54
Swiss franc 100 676.84
Canadian dollar 100 502.00
Malaysian ringgit 66.171 100
Ruble 1,621.60 100
Rand 235.32 100
Korean won 19,092 100
UAE dirham 57.946 100
Saudi riyal 59.187 100
Hungarian forint 5,284.75 100
Polish zloty 66.519 100
Danish krone 105.78 100
Swedish krona 148.48 100
Norwegian krone 138.59 100
Turkish lira 232.284 100
Mexican peso 323.68 100
Thai baht 523.95 100
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. ■
