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 Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 671.01
Euro 100 761.70
Japanese yen 100 6.0235
Hong Kong dollar 100 85.481
British pound 100 890.26
Australian dollar 100 475.47
New Zealand dollar 100 459.67
Singapore dollar 100 496.56
Swiss franc 100 671.76
Canadian dollar 100 503.63
Malaysian ringgit 60.738 100
Ruble 959.07 100
Rand 216.15 100
Korean won 16,845 100
UAE dirham 54.742 100
Saudi riyal 55.891 100
Hungarian forint 4,108.50 100
Polish zloty 56.28 100
Danish krone 97.96 100
Swedish krona 137.16 100
Norwegian krone 127.08 100
Turkish lira 81.603 100
Mexican peso 283.32 100
Thai baht 472.07 100
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.
