BEIJING, Feb. 20 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 700.26
Euro 100 756.98
Japanese yen 100 6.2965
Hong Kong dollar 100 90.091
British pound 100 904.94
Australian dollar 100 468.02
New Zealand dollar 100 447.29
Singapore dollar 100 502.29
Swiss franc 100 712.06
Canadian dollar 100 529.79
Malaysian ringgit 59.428 100
Ruble 907.88 100
Rand 213.99 100
Korean won 17,015 100
UAE dirham 52.45 100
Saudi riyal 53.561 100
Hungarian forint 4,450.49 100
Polish zloty 56.387 100
Danish krone 98.66 100
Swedish krona 139.63 100
Norwegian krone 132.29 100
Turkish lira 86.874 100
Mexican peso 265.00 100
Thai baht 445.66 100
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
