BEIJING, June 1 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 709.65

Euro 100 758.87

Japanese yen 100 5.1047

Hong Kong dollar 100 90.624

British pound 100 883.26

Australian dollar 100 461.80

New Zealand dollar 100 427.55

Singapore dollar 100 525.20

Swiss franc 100 779.75

Canadian dollar 100 523.16

Malaysian ringgit 64.965 100

Ruble 1,146.13 100

Rand 277.86 100

Korean won 18,620 100

UAE dirham 51.753 100

Saudi riyal 52.855 100

Hungarian forint 4,882.49 100

Polish zloty 59.639 100

Danish krone 98.12 100

Swedish krona 152.77 100

Norwegian krone 155.96 100

Turkish lira 293.116 100

Mexican peso 249.07 100

Thai baht 488.29 100

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.