Market exchange rates in China -- Dec. 20

BEIJING, Dec. 20 (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 100 709.66

Euro 100 779.75

Japanese yen 100 4.9383

Hong Kong dollar 100 90.999

British pound 100 904.14

Australian dollar 100 480.27

New Zealand dollar 100 445.58

Singapore dollar 100 534.43

Swiss franc 100 825.17

Canadian dollar 100 532.74

Malaysian ringgit 65.788 100

Ruble 1,271.12 100

Rand 258.31 100

Korean won 18,306 100

UAE dirham 51.729 100

Saudi riyal 52.836 100

Hungarian forint 4,936.95 100

Polish zloty 55.549 100

Danish krone 95.74 100

Swedish krona 143.04 100

Norwegian krone 144.66 100

Turkish lira 409.736 100

Mexican peso 240.68 100

Thai baht 490.54 100

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.