BEIJING, March 18 (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 100 703.28
Euro 100 774.24
Japanese yen 100 6.5526
Hong Kong dollar 100 90.589
British pound 100 851.84
Australian dollar 100 421.19
New Zealand dollar 100 418.43
Singapore dollar 100 492.00
Swiss franc 100 732.75
Canadian dollar 100 494.14
Malaysian ringgit 61.925 100
Ruble 1,070.14 100
Rand 235.28 100
Korean won 17,624 100
UAE dirham 52.22 100
Saudi riyal 53.379 100
Hungarian forint 4,481.85 100
Polish zloty 57.657 100
Danish krone 96.47 100
Swedish krona 140.62 100
Norwegian krone 149.23 100
Turkish lira 90.988 100
Mexican peso 326.25 100
Thai baht 458.34 100
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
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