BEIJING, Feb. 28 (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 100 632.94
Euro 100 773.55
Japanese yen 100 5.8872
Hong Kong dollar 100 80.858
British pound 100 879.39
Australian dollar 100 492.93
New Zealand dollar 100 457.53
Singapore dollar 100 477.40
Swiss franc 100 673.33
Canadian dollar 100 495.16
Malaysian ringgit 61.839 100
Ruble 890.51 100
Rand 185.25 100
Korean won 17,048 100
UAE dirham 58.102 100
Saudi riyal 59.326 100
Hungarian forint 4,060.30 100
Polish zloty 53.943 100
Danish krone 96.24 100
Swedish krona 130.03 100
Norwegian krone 124.44 100
Turkish lira 60.349 100
Mexican peso 298.00 100
Thai baht 497.84 100
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.
(This article is generated by Xinhua News Robot.)
