BEIJING, March 20 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Monday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 689.98
Euro 100 741.51
Japanese yen 100 6.1260
Hong Kong dollar 100 88.883
British pound 100 855.08
Australian dollar 100 531.71
New Zealand dollar 100 484.76
Singapore dollar 100 492.62
Swiss franc 100 692.25
Canadian dollar 100 517.64
Malaysian ringgit 64.052 100
Ruble 831.19 100
Rand 184.27 100
Korean Won 16,363 100
UAE dirham 53.211 100
Saudi riyal 54.331 100
Hungarian forint 4,160.16 100
Polish zloty 57.770 100
Danish krone 100.25 100
Swedish krona 127.86 100
Norwegian krone 122.57 100
Turkish lira 52.614 100
Mexican peso 276.56 100
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.)