Market exchange rates in China -- Dec. 7

BEIJING, Dec. 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 661.95

Euro 100 781.21

Japanese yen 100 5.8947

Hong Kong dollar 100 84.727

British pound 100 885.98

Australian dollar 100 500.65

New Zealand dollar 100 455.40

Singapore dollar 100 490.64

Swiss franc 100 668.85

Canadian dollar 100 517.59

Malaysian ringgit 61.581 100

Ruble 894.28 100

Rand 204.41 100

Korean won 16,524 100

UAE dirham 55.482 100

Saudi riyal 56.656 100

Hungarian forint 4,021.61 100

Polish zloty 53.918 100

Danish krone 95.24 100

Swedish krona 127.26 100

Norwegian krone 124.89 100

Turkish lira 58.162 100

Mexican peso 285.00 100

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 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. Enditem

(This article is generated by Xinhua News Robot.)