BEIJING, March 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 688.89
Euro 100 744.79
Japanese yen 100 6.1728
Hong Kong dollar 100 88.704
British pound 100 859.85
Australian dollar 100 528.70
New Zealand dollar 100 484.87
Singapore dollar 100 491.93
Swiss franc 100 693.29
Canadian dollar 100 515.75
Malaysian ringgit 64.246 100
Ruble 836.56 100
Rand 184.20 100
Korean Won 16,278 100
UAE dirham 53.313 100
Saudi riyal 54.433 100
Hungarian forint 4,142.13 100
Polish zloty 57.445 100
Danish krone 99.87 100
Swedish krona 127.79 100
Norwegian krone 123.00 100
Turkish lira 52.738 100
Mexican peso 277.34 100
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 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.
(This article is generated by Xinhua News Robot.)