The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 679.39
Euro 100 761.63
Japanese yen 100 6.1716
Hong Kong dollar 100 87.119
British pound 100 866.23
Australian dollar 100 511.97
New Zealand dollar 100 489.81
Singapore dollar 100 491.69
Swiss franc 100 701.32
Canadian dollar 100 513.19
Malaysian ringgit 62.730 100
Ruble 838.69 100
Rand 187.91 100
Korean Won 16,587 100
UAE dirham 54.062 100
Saudi riyal 55.197 100
Hungarian forint 4,019.40 100
Polish zloty 55.048 100
Danish krone 97.64 100
Swedish krona 127.89 100
Norwegian krone 124.14 100
Turkish lira 51.790 100
Mexican peso 265.70 100
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 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.
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