The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 11 major currencies announced on Thursday by the China Foreign Exchange Trading System: Currency Unit Central parity rate in yuan U.S. dollar 100 635.96 Euro 100 694.59 Japanese yen 100 5.2701 Hong Kong dollar 100 82.059 British pound 100 971.41 Australian dollar 100 452.12 New Zealand dollar 100 425.50 Singapore dollar 100 453.48 Canadian dollar 100 482.01 Malaysian ringgit 66.906 100 Ruble 1,004.81 100 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 rates of the yuan against the Hong Kong dollar and Canadian dollar are based on the central parity rate of the yuan against the U.S. dollar and the exchange rates of the two currencies 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 euro, British pound, Japanese yen, Australian dollar, Singapore dollar, New Zealand dollar, Malaysian ringgit and ruble are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.
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