BEIJING, March 29 (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 100 687.71

Euro 100 745.51

Japanese yen 100 5.2484

Hong Kong dollar 100 87.610

British pound 100 848.04

Australian dollar 100 461.01

New Zealand dollar 100 429.89

Singapore dollar 100 517.92

Swiss franc 100 746.99

Canadian dollar 100 505.82

Malaysian ringgit 63.918 100

Ruble 1,117.00 100

Rand 263.79 100

Korean won 18,871 100

UAE dirham 53.396 100

Saudi riyal 54.601 100

Hungarian forint 5,110.32 100

Polish zloty 62.747 100

Danish krone 99.93 100

Swedish krona 150.59 100

Norwegian krone 150.66 100

Turkish lira 278.03 100

Mexican peso 265.12 100

Thai baht 497.91 100

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.