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BEIJING, June 24 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 13 major currencies announced on Friday by the China Foreign Exchange Trading System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 657.76
Euro 100 744.34
Japanese yen 100 6.2725
Hong Kong dollar 100 84.791
British pound 100 958.99
Australian dollar 100 495.51
New Zealand dollar 100 473.54
Singapore dollar 100 489.65
Swiss franc 100 684.47
Canadian dollar 100 512.55
Malaysian ringgit 60.666 100
Ruble 971.41 100
Rand 221.18 100
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. (This article is generated by Xinhua News Robot.)
