BEIJING, March 13 (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 100 693.75
Euro 100 741.56
Japanese yen 100 5.1534
Hong Kong dollar 100 88.392
British pound 100 838.92
Australian dollar 100 460.34
New Zealand dollar 100 427.60
Singapore dollar 100 515.01
Swiss franc 100 756.46
Canadian dollar 100 504.01
Malaysian ringgit 65.16 100
Ruble 1,097.96 100
Rand 262.87 100
Korean won 19,011 100
UAE dirham 52.937 100
Saudi riyal 54.114 100
Hungarian forint 5,162.55 100
Polish zloty 63.101 100
Danish krone 100.38 100
Swedish krona 153.49 100
Norwegian krone 152.27 100
Turkish lira 273.442 100
Mexican peso 264.23 100
Thai baht 499.97 100
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. ■
