Market exchange rates in China -- Dec. 16

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 12 major currencies announced on Wednesday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 646.26

Euro 100 706.47

Japanese yen 100 5.311

Hong Kong dollar 100 83.385

British pound 100 972.22

Australian dollar 100 465.41

New Zealand dollar 100 437.15

Singapore dollar 100 459.26

Swiss franc 100 652.06

Canadian dollar 100 470.42

Malaysian ringgit 66.448 100

Ruble 1,081.89 100

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 rates of the yuan against the Hong Kong dollar and Canadian dollar are based on the central parity rate of the yuan against the U.S. dollar and the exchange rates of the four currencies 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 euro, British pound, Japanese yen, Australian dollar, Singapore dollar, New Zealand dollar, Malaysian ringgit and ruble are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. Endi