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BEIJING, June 29 (Xinhua) -- 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 100 663.24
Euro 100 734.82
Japanese yen 100 6.4678
Hong Kong dollar 100 85.482
British pound 100 885.06
Australian dollar 100 490.46
New Zealand dollar 100 468.98
Singapore dollar 100 490.48
Swiss franc 100 676.63
Canadian dollar 100 508.85
Malaysian ringgit 61.083 100
Ruble 971.270 100
Rand 228.57 100
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, British pound, Japanese yen, Australian dollar, Singapore dollar, New Zealand dollar, Malaysian ringgit and ruble are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. Enditem
(This article is generated by Xinhua News Robot.)
