Market exchange rates in China -- Sept. 7

BEIJING, Sept. 7 (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 100 691.60

Euro 100 688.21

Japanese yen 100 4.8614

Hong Kong dollar 100 88.105

British pound 100 800.52

Australian dollar 100 468.17

New Zealand dollar 100 419.58

Singapore dollar 100 494.27

Swiss franc 100 706.47

Canadian dollar 100 529.06

Malaysian ringgit 64.602 100

Ruble 879.73 100

Rand 248.77 100

Korean won 19,820 100

UAE dirham 52.749 100

Saudi riyal 53.97 100

Hungarian forint 5,860.86 100

Polish zloty 68.698 100

Danish krone 108.04 100

Swedish krona 155.32 100

Norwegian krone 144.39 100

Turkish lira 261.756 100

Mexican peso 289.23 100

Thai baht 527.49 100

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.