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 23 major currencies announced on Friday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 653.42

Euro 100 780.23

Japanese yen 100 5.7883

Hong Kong dollar 100 83.591

British pound 100 877.92

Australian dollar 100 509.28

New Zealand dollar 100 463.27

Singapore dollar 100 488.31

Swiss franc 100 667.79

Canadian dollar 100 520.09

Malaysian ringgit 62.224 100

Ruble 881.40 100

Rand 189.50 100

Korean won 16,369 100

UAE dirham 56.212 100

Saudi riyal 57.397 100

Hungarian forint 3,973 100

Polish zloty 53.576 100

Danish krone 95.43 100

Swedish krona 126.24 100

Norwegian krone 126.24 100

Turkish lira 57.834 100

Mexican peso 301.65 100

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.)