BEIJING, March 2 (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 100 646.25
Euro 100 778.56
Japanese yen 100 6.0488
Hong Kong dollar 100 83.318
British pound 100 899.76
Australian dollar 100 501.92
New Zealand dollar 100 469.64
Singapore dollar 100 486.80
Swiss franc 100 706.22
Canadian dollar 100 511.05
Malaysian ringgit 62.691 100
Ruble 1,149.52 100
Rand 232.13 100
Korean won 17,289 100
UAE dirham 56.843 100
Saudi riyal 58.052 100
Hungarian forint 4,672.46 100
Polish zloty 58.21 100
Danish krone 95.52 100
Swedish krona 130.34 100
Norwegian krone 132.47 100
Turkish lira 112.67 100
Mexican peso 319.67 100
Thai baht 467.69 100
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
