The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 13 major currencies announced on Monday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 657.08

Euro 100 745.63

Japanese yen 100 6.2811

Hong Kong dollar 100 84.679

British pound 100 954.79

Australian dollar 100 488.05

New Zealand dollar 100 465.32

Singapore dollar 100 488.53

Swiss franc 100 684.77

Canadian dollar 100 511.47

Malaysian ringgit 61.977 100

Ruble 983.70 100

Rand 229.28 100

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, Japanese yen, British pound, Australian dollar, New Zealand dollar, Singapore dollar, Swiss franc, Malaysian ringgit, ruble and rand are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.

source : xinhua