BEIJING, Oct. 17 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 717.96

Euro 100 759.44

Japanese yen 100 4.8314

Hong Kong dollar 100 91.851

British pound 100 880.46

Australian dollar 100 456.87

New Zealand dollar 100 425.85

Singapore dollar 100 526.52

Swiss franc 100 800.88

Canadian dollar 100 530.16

Malaysian ringgit 65.852 100

Ruble 1,344.97 100

Rand 260.90 100

Korean won 18,624 100

UAE dirham 51.036 100

Saudi riyal 52.122 100

Hungarian forint 5,100.65 100

Polish zloty 58.763 100

Danish krone 98.44 100

Swedish krona 151.75 100

Norwegian krone 152.07 100

Turkish lira 387.008 100

Mexican peso 249.73 100

Thai baht 501.28 100

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.