BEIJING, March 1 (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 100 687.98
Euro 100 726.48
Japanese yen 100 6.0913
Hong Kong dollar 100 88.629
British pound 100 850.90
Australian dollar 100 526.29
New Zealand dollar 100 493.20
Singapore dollar 100 489.31
Swiss franc 100 683.50
Canadian dollar 100 516.91
Malaysian ringgit 64.349 100
Ruble 848.91 100
Rand 190.83 100
Korean won 16,511 100
UAE dirham 53.372 100
Saudi riyal 54.497 100
Hungarian forint 4,236.54 100
Polish zloty 59.204 100
Danish krone 102.23 100
Swedish krona 131.47 100
Norwegian krone 122.03 100
Turkish lira 52.981 100
Mexican peso 292.82 100
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.)