Market exchange rates in China -- Jan. 16

BEIJING, Jan. 16 (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 100 643.72

Euro 100 789.57

Japanese yen 100 5.8193

Hong Kong dollar 100 82.272

British pound 100 887.81

Australian dollar 100 512.42

New Zealand dollar 100 469.38

Singapore dollar 100 486.67

Swiss franc 100 668.16

Canadian dollar 100 517.96

Malaysian ringgit 61.486 100

Ruble 875.84 100

Rand 191.20 100

Korean won 16,526 100

UAE dirham 57.094 100

Saudi riyal 58.298 100

Hungarian forint 3,910.68 100

Polish zloty 52.876 100

Danish krone 94.35 100

Swedish krona 124.54 100

Norwegian krone 122.46 100

Turkish lira 59.080 100

Mexican peso 293.19 100

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.)