The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 12 major currencies announced on Wednesday by the China Foreign Exchange Trading System: Currency Unit Central parity rate in yuan U.S. dollar 100 637.96 Euro 100 678.62 Japanese yen 100 5.1706 Hong Kong dollar 100 82.309 British pound 100 970.42 Australian dollar 100 453.64 New Zealand dollar 100 412.93 Singapore dollar 100 447.88 Swiss franc 100 628.78 Canadian dollar 100 478.77 Malaysian ringgit 68.541 100 Ruble 1,020.32 100
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 four 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, Swiss franc, 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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