Market exchange rates in China -- Dec. 29

BEIJING, Dec. 29 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 697.93

Euro 100 741.61

Japanese yen 100 5.2031

Hong Kong dollar 100 89.573

British pound 100 839.64

Australian dollar 100 470.87

New Zealand dollar 100 440.78

Singapore dollar 100 517.13

Swiss franc 100 752.08

Canadian dollar 100 513.22

Malaysian ringgit 63.381 100

Ruble 1,034.87 100

Rand 245.47 100

Korean won 18,194 100

UAE dirham 52.614 100

Saudi riyal 53.854 100

Hungarian forint 5,415.62 100

Polish zloty 63.236 100

Danish krone 100.26 100

Swedish krona 149.89 100

Norwegian krone 141.66 100

Turkish lira 268.098 100

Mexican peso 278.43 100

Thai baht 497.30 100

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.