— 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 100 670.98

Euro 100 682.20

Japanese yen 100 4.9334

Hong Kong dollar 100 85.495

British pound 100 806.73

Australian dollar 100 459.22

New Zealand dollar 100 414.33

Singapore dollar 100 479.10

Swiss franc 100 688.82

Canadian dollar 100 517.29

Malaysian ringgit 65.99 100

Ruble 941.21 100

Rand 249.59 100

Korean won 19,369 100

UAE dirham 54.743 100

Saudi riyal 55.954 100

Hungarian forint 5,902.76 100

Polish zloty 70.084 100

Danish krone 109.09 100

Swedish krona 156.85 100

Norwegian krone 150.21 100

Turkish lira 257.203 100

Mexican peso 305.57 100

Thai baht 537.77 100

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.

Originally Published by XinHua