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 Friday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 669.57
Euro 100 761.21
Japanese yen 100 6.0094
Hong Kong dollar 100 85.297
British pound 100 887.94
Australian dollar 100 475.28
New Zealand dollar 100 456.41
Singapore dollar 100 495.30
Swiss franc 100 671.13
Canadian dollar 100 508.53
Malaysian ringgit 60.765 100
Ruble 984.83 100
Rand 210.26 100
Korean won 16,805 100
UAE dirham 54.862 100
Saudi riyal 56.015 100
Hungarian forint 4,147.64 100
Polish zloty 56.521 100
Danish krone 97.98 100
Swedish krona 138.02 100
Norwegian krone 127.84 100
Turkish lira 79.799 100
Mexican peso 287.91 100
Thai baht 471.31 100
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.)