Market exchange rates in China -- March 4-Xinhua - Xinhua

BEIJING, March 4 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 632.88

Euro 100 698.84

Japanese yen 100 5.4732

Hong Kong dollar 100 80.964

British pound 100 843.85

Australian dollar 100 463.43

New Zealand dollar 100 429.88

Singapore dollar 100 465.81

Swiss franc 100 689.02

Canadian dollar 100 498.69

Malaysian ringgit 66.198 100

Ruble 1,726.43 100

Rand 240.46 100

Korean won 19,115 100

UAE dirham 58.094 100

Saudi riyal 59.342 100

Hungarian forint 5,437.31 100

Polish zloty 68.807 100

Danish krone 106.42 100

Swedish krona 154.13 100

Norwegian krone 140.96 100

Turkish lira 223.158 100

Mexican peso 326.52 100

Thai baht 515.88 100

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. ■