BEIJING, March 20 (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 100 686.94
Euro 100 733.80
Japanese yen 100 5.1968
Hong Kong dollar 100 87.523
British pound 100 837.35
Australian dollar 100 461.15
New Zealand dollar 100 430.94
Singapore dollar 100 512.43
Swiss franc 100 741.27
Canadian dollar 100 500.88
Malaysian ringgit 65.235 100
Ruble 1,116.96 100
Rand 266.87 100
Korean won 18,956 100
UAE dirham 53.458 100
Saudi riyal 54.677 100
Hungarian forint 5,413.14 100
Polish zloty 64.094 100
Danish krone 101.44 100
Swedish krona 152.51 100
Norwegian krone 155.35 100
Turkish lira 276.754 100
Mexican peso 274.43 100
Thai baht 496.08 100
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. ■
