Market exchange rates in China -- March 11

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BEIJING, March 11 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 717.41

Euro 100 781.18

Japanese yen 100 4.9195

Hong Kong dollar 100 92.36

British pound 100 928.01

Australian dollar 100 452.94

New Zealand dollar 100 411.70

Singapore dollar 100 540.30

Swiss franc 100 818.16

Canadian dollar 100 500.01

Pataca 111.58 100

Malaysian ringgit 61.429 100

Ruble 1,207.96 100

Rand 254.80 100

Korean won 20,159 100

UAE dirham 50.944 100

Saudi riyal 52.036 100

Hungarian forint 5,118.97 100

Polish zloty 53.74 100

Danish krone 95.55 100

Swedish krona 140.33 100

Norwegian krone 149.26 100

Turkish lira 506.952 100

Mexican peso 282.79 100

Thai baht 468.70 100

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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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

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