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 100 670.75
Euro 100 788.60
Japanese yen 100 6.0938
Hong Kong dollar 100 85.720
British pound 100 870.97
Australian dollar 100 529.46
New Zealand dollar 100 491.33
Singapore dollar 100 491.90
Swiss franc 100 689.50
Canadian dollar 100 529.40
Malaysian ringgit 63.889 100
Ruble 892.83 100
Rand 199.26 100
Korean won 16,852 100
UAE dirham 54.763 100
Saudi riyal 55.912 100
Hungarian forint 3,859.14 100
Polish zloty 54.102 100
Danish krone 94.39 100
Swedish krona 121.87 100
Norwegian krone 118.59 100
Turkish lira 52.651 100
Mexican peso 266.32 100
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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