BEIJING, March 6 (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 100 689.51
Euro 100 732.80
Japanese yen 100 5.0718
Hong Kong dollar 100 87.837
British pound 100 829.70
Australian dollar 100 465.79
New Zealand dollar 100 428.41
Singapore dollar 100 512.57
Swiss franc 100 736.12
Canadian dollar 100 506.85
Malaysian ringgit 64.846 100
Ruble 1,093.83 100
Rand 263.01 100
Korean won 18,812 100
UAE dirham 53.264 100
Saudi riyal 54.428 100
Hungarian forint 5,167.06 100
Polish zloty 64.242 100
Danish krone 101.53 100
Swedish krona 152.03 100
Norwegian krone 150.88 100
Turkish lira 273.732 100
Mexican peso 260.66 100
Thai baht 501.03 100
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. ■
