BEIJING, March 10 (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 100 696.55
Euro 100 737.38
Japanese yen 100 5.1145
Hong Kong dollar 100 88.736
British pound 100 830.29
Australian dollar 100 458.93
New Zealand dollar 100 424.89
Singapore dollar 100 514.69
Swiss franc 100 746.60
Canadian dollar 100 503.57
Malaysian ringgit 64.867 100
Ruble 1,089.49 100
Rand 266.40 100
Korean won 19,004 100
UAE dirham 52.723 100
Saudi riyal 53.89 100
Hungarian forint 5,189.70 100
Polish zloty 63.542 100
Danish krone 100.91 100
Swedish krona 153.97 100
Norwegian krone 153.08 100
Turkish lira 271.655 100
Mexican peso 263.37 100
Thai baht 502.73 100
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. ■
