BEIJING, March 12 (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 100 648.45
Euro 100 777.33
Japanese yen 100 5.9754
Hong Kong dollar 100 83.583
British pound 100 907.37
Australian dollar 100 505.08
New Zealand dollar 100 468.72
Singapore dollar 100 484.10
Swiss franc 100 701.45
Canadian dollar 100 517.67
Malaysian ringgit 63.322 100
Ruble 1,128.89 100
Rand 228.54 100
Korean won 17,448 100
UAE dirham 56.634 100
Saudi riyal 57.831 100
Hungarian forint 4,695.98 100
Polish zloty 58.967 100
Danish krone 95.66 100
Swedish krona 130.29 100
Norwegian krone 129.69 100
Turkish lira 115.325 100
Mexican peso 317.68 100
Thai baht 471.00 100
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
