BEIJING, Feb. 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 698.26
Euro 100 756.47
Japanese yen 100 6.3584
Hong Kong dollar 100 89.891
British pound 100 907.94
Australian dollar 100 468.40
New Zealand dollar 100 449.44
Singapore dollar 100 502.47
Swiss franc 100 712.00
Canadian dollar 100 527.54
Malaysian ringgit 59.329 100
Ruble 909.52 100
Rand 214.61 100
Korean won 16,977 100
UAE dirham 52.602 100
Saudi riyal 53.716 100
Hungarian forint 4,434.68 100
Polish zloty 56.301 100
Danish krone 98.74 100
Swedish krona 138.80 100
Norwegian krone 132.63 100
Turkish lira 86.593 100
Mexican peso 265.79 100
Thai baht 446.69 100
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. Enditem