BEIJING, Jan. 18 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 711.74

Euro 100 777.37

Japanese yen 100 4.8265

Hong Kong dollar 100 91.021

British pound 100 905.70

Australian dollar 100 468.25

New Zealand dollar 100 437.61

Singapore dollar 100 530.94

Swiss franc 100 826.45

Canadian dollar 100 529.25

Pataca 113.22 100

Malaysian ringgit 66.215 100

Ruble 1,235.18 100

Rand 267.44 100

Korean won 18,753 100

UAE dirham 51.447 100

Saudi riyal 52.534 100

Hungarian forint 4,902.66 100

Polish zloty 56.702 100

Danish krone 96.13 100

Swedish krona 146.21 100

Norwegian krone 147.22 100

Turkish lira 422.038 100

Mexican peso 241.55 100

Thai baht 496.69 100

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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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.