BEIJING, March 1 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 694.00
Euro 100 734.16
Japanese yen 100 5.0926
Hong Kong dollar 100 88.416
British pound 100 835.13
Australian dollar 100 467.02
New Zealand dollar 100 429.13
Singapore dollar 100 514.88
Swiss franc 100 736.81
Canadian dollar 100 508.65
Malaysian ringgit 64.67 100
Ruble 1,080.38 100
Rand 264.18 100
Korean won 19,057 100
UAE dirham 52.925 100
Saudi riyal 54.075 100
Hungarian forint 5,151.91 100
Polish zloty 64.123 100
Danish krone 101.38 100
Swedish krona 150.80 100
Norwegian krone 149.62 100
Turkish lira 272.085 100
Mexican peso 263.79 100
Thai baht 507.85 100
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.
