Market exchange rates in China -- Jan. 24

BEIJING, Jan. 24 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 639.16

Euro 100 786.30

Japanese yen 100 5.7979

Hong Kong dollar 100 81.749

British pound 100 895.15

Australian dollar 100 511.17

New Zealand dollar 100 470.09

Singapore dollar 100 485.35

Swiss franc 100 667.59

Canadian dollar 100 514.61

Malaysian ringgit 61.383 100

Ruble 881.40 100

Rand 188.23 100

Korean won 16,759 100

UAE dirham 57.470 100

Saudi riyal 58.678 100

Hungarian forint 3,932.78 100

Polish zloty 52.997 100

Danish krone 94.68 100

Swedish krona 125.27 100

Norwegian krone 122.38 100

Turkish lira 58.946 100

Mexican peso 292.51 100

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.)