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BEIJING, June 6 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 12 major currencies announced on Monday by the China Foreign Exchange Trading System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 654.97
Euro 100 743.77
Japanese yen 100 6.1406
Hong Kong dollar 100 84.316
British pound 100 942.81
Australian dollar 100 480.68
New Zealand dollar 100 454.19
Singapore dollar 100 482.20
Swiss franc 100 670.69
Canadian dollar 100 505.11
Malaysian ringgit 62.549 100
Ruble 1,003.79 100
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.)
