BEIJING, March 17 (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 100 690.52
Euro 100 733.01
Japanese yen 100 5.1753
Hong Kong dollar 100 87.969
British pound 100 836.17
Australian dollar 100 460.09
New Zealand dollar 100 428.02
Singapore dollar 100 512.98
Swiss franc 100 743.12
Canadian dollar 100 503.36
Malaysian ringgit 65.166 100
Ruble 1,110.67 100
Rand 266.51 100
Korean won 18,935 100
UAE dirham 53.183 100
Saudi riyal 54.397 100
Hungarian forint 5,384.02 100
Polish zloty 64.094 100
Danish krone 101.58 100
Swedish krona 152.16 100
Norwegian krone 155.70 100
Turkish lira 275.208 100
Mexican peso 271.77 100
Thai baht 498.50 100
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. ■
