Market exchange rates in China -- March 20

BEIJING, March 20 (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 100 632.46

Euro 100 780.38

Japanese yen 100 5.9672

Hong Kong dollar 100 80.636

British pound 100 887.03

Australian dollar 100 487.32

New Zealand dollar 100 457.59

Singapore dollar 100 480.39

Swiss franc 100 665.05

Canadian dollar 100 483.40

Malaysian ringgit 61.899 100

Ruble 913.27 100

Rand 190.12 100

Korean won 16,945 100

UAE dirham 58.070 100

Saudi riyal 59.288 100

Hungarian forint 3,988.40 100

Polish zloty 54.123 100

Danish krone 95.45 100

Swedish krona 129.10 100

Norwegian krone 122.09 100

Turkish lira 62.324 100

Mexican peso 295.89 100

Thai baht 493.29 100

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

(This article is generated by Xinhua News Robot.)