The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 688.89

Euro 100 744.79

Japanese yen 100 6.1728

Hong Kong dollar 100 88.704

British pound 100 859.85

Australian dollar 100 528.70

New Zealand dollar 100 484.87

Singapore dollar 100 491.93

Swiss franc 100 693.29

Canadian dollar 100 515.75

Malaysian ringgit 64.246 100

Ruble 836.56 100

Rand 184.20 100

Korean Won 16,278 100

UAE dirham 53.313 100

Saudi riyal 54.433 100

Hungarian forint 4,142.13 100

Polish zloty 57.445 100

Danish krone 99.87 100

Swedish krona 127.79 100

Norwegian krone 123.00 100

Turkish lira 52.738 100

Mexican peso 277.34 100

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 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.