Market exchange rates in China -- Dec. 12

BEIJING, Dec. 12 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 661.62

Euro 100 779.14

Japanese yen 100 5.8267

Hong Kong dollar 100 84.733

British pound 100 882.97

Australian dollar 100 498.11

New Zealand dollar 100 457.08

Singapore dollar 100 489.69

Swiss franc 100 667.31

Canadian dollar 100 514.67

Malaysian ringgit 61.592 100

Ruble 890.95 100

Rand 205.69 100

Korean won 16,465 100

UAE dirham 55.516 100

Saudi riyal 56.683 100

Hungarian forint 4,036.57 100

Polish zloty 53.912 100

Danish krone 95.53 100

Swedish krona 128.48 100

Norwegian krone 126.61 100

Turkish lira 57.950 100

Mexican peso 288.01 100

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.)