The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 686.99
Euro 100 749.30
Japanese yen 100 5.1955
Hong Kong dollar 100 87.534
British pound 100 853.56
Australian dollar 100 466.39
New Zealand dollar 100 432.88
Singapore dollar 100 517.96
Swiss franc 100 753.05
Canadian dollar 100 511.54
Malaysian ringgit 64.206 100
Ruble 1,142.10 100
Rand 259.26 100
Korean won 19,049 100
UAE dirham 53.449 100
Saudi riyal 54.588 100
Hungarian forint 5,041.35 100
Polish zloty 62.347 100
Danish krone 99.40 100
Swedish krona 150.88 100
Norwegian krone 149.62 100
Turkish lira 279.455 100
Mexican peso 263.29 100
Thai baht 497.89 100
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.