BEIJING,– The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 670.95

Euro 100 714.83

Japanese yen 100 5.1562

Hong Kong dollar 100 85.502

British pound 100 837.75

Australian dollar 100 481.45

New Zealand dollar 100 435.24

Singapore dollar 100 487.87

Swiss franc 100 696.87

Canadian dollar 100 529.92

Malaysian ringgit 65.398 100

Ruble 943.71 100

Rand 232.26 100

Korean won 18,591 100

UAE dirham 54.731 100

Saudi riyal 55.891 100

Hungarian forint 5,541.64 100

Polish zloty 64.125 100

Danish krone 104.03 100

Swedish krona 146.68 100

Norwegian krone 141.29 100

Turkish lira 244.837 100

Mexican peso 293.55 100

Thai baht 512.02 100

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 by XinHua