Market exchange rates in China -- June 29

BEIJING, June 29 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 670.35

Euro 100 705.45

Japanese yen 100 4.9278

Hong Kong dollar 100 85.443

British pound 100 817.01

Australian dollar 100 463.16

New Zealand dollar 100 418.35

Singapore dollar 100 483.07

Swiss franc 100 700.60

Canadian dollar 100 520.76

Malaysian ringgit 65.585 100

Ruble 798.71 100

Rand 239.84 100

Korean won 19,232 100

UAE dirham 54.795 100

Saudi riyal 55.986 100

Hungarian forint 5,627.83 100

Polish zloty 66.566 100

Danish krone 105.44 100

Swedish krona 151.44 100

Norwegian krone 146.55 100

Turkish lira 248.058 100

Mexican peso 300.42 100

Thai baht 524.54 100

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