The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 13 major currencies announced on Wednesday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 659.35

Euro 100 740.87

Japanese yen 100 6.2949

Hong Kong dollar 100 84.981

British pound 100 966.75

Australian dollar 100 491.09

New Zealand dollar 100 469.70

Singapore dollar 100 490.73

Swiss franc 100 685.12

Canadian dollar 100 514.67

Malaysian ringgit 61.120 100

Ruble 968.270 100

Rand 223.83 100

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 the 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, Japanese yen, British pound, Australian dollar, New Zealand dollar, Singapore dollar, Swiss franc, Malaysian ringgit, ruble and rand are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.

source : xinhua