Market exchange rates in China — Feb. 27

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:   
Currency            Unit        
Central parity rate in yuan  
 U.S. dollar         100                 695.72  
 Euro                100                 734.06   
Japanese yen        100                 5.104   
Hong Kong dollar    100                 88.647   
ritish pound       100                 831.43   
Australian dollar   100                 468.36   
New Zealand dollar  100                 428.78  
 Singapore dollar    100                 515.26   
Swiss franc         100                 739.79  
 Canadian dollar     100                 511.49   
Malaysian ringgit   63.881              100   
Ruble               1,090.49            100   
Rand                264.78              100   
Korean won          18,838              100   
UAE dirham          52.799              100   
Saudi riyal         53.934              100   
Hungarian forint    5,174.16            100   
Polish zloty        64.272              100   
Danish krone        101.40              100   
Swedish krona       150.76              100   
Norwegian krone     149.12              100  
 Turkish lira        271.51              100   
Mexican peso        264.29              100   
Thai baht           502.27              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.