BEIJING, Nov. 8 (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 100 717.73

Euro 100 771.33

Japanese yen 100 4.8051

Hong Kong dollar 100 91.793

British pound 100 886.72

Australian dollar 100 464.46

New Zealand dollar 100 429.22

Singapore dollar 100 531.72

Swiss franc 100 801.32

Canadian dollar 100 524.40

Malaysian ringgit 64.924 100

Ruble 1,275.55 100

Rand 254.77 100

Korean won 18,052 100

UAE dirham 50.986 100

Saudi riyal 52.074 100

Hungarian forint 4,925.50 100

Polish zloty 58.006 100

Danish krone 96.92 100

Swedish krona 151.41 100

Norwegian krone 155.21 100

Turkish lira 395.515 100

Mexican peso 243.40 100

Thai baht 491.46 100

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.