BEIJING, April 8 (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 100 672.01
Euro 100 753.74
Japanese yen 100 6.0173
Hong Kong dollar 100 85.613
British pound 100 876.05
Australian dollar 100 477.08
New Zealand dollar 100 452.17
Singapore dollar 100 495.92
Swiss franc 100 672.03
Canadian dollar 100 502.46
Malaysian ringgit 60.84 100
Ruble 972.46 100
Rand 209.78 100
Korean won 16,924 100
UAE dirham 54.657 100
Saudi riyal 55.811 100
Hungarian forint 4,261.42 100
Polish zloty 56.918 100
Danish krone 99.04 100
Swedish krona 138.32 100
Norwegian krone 128.11 100
Turkish lira 83.91 100
Mexican peso 283.84 100
Thai baht 474.81 100
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.