The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 12 major currencies announced on Tuesday by the China Foreign Exchange Trading System: Currency Unit Central parity rate in yuan U.S. dollar 100 638.88 Euro 100 679.35 Japanese yen 100 5.1989 Hong Kong dollar 100 82.435 British pound 100 966.21 Australian dollar 100 459.32 New Zealand dollar 100 416.17 Singapore dollar 100 450.61 Swiss franc 100 627.37 Canadian dollar 100 478.28 Malaysian ringgit 66.936 100 Ruble 1,033.45 100
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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