BEIJING, July 14 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 10 major currencies, as announced on Monday by the China Foreign Exchange Trading System:
Currency Unit Central parity rate (in yuan)
U.S. dollar 100 614.85
Euro 100 836.23
Japanese yen 100 6.0784
Hong Kong dollar 100 79.335
British pound 100 1,054.60
Australian dollar 100 578.52
New Zealand dollar 100 543.29
Canadian dollar 100 572.83
Malaysian ringgit 51.541 100
Ruble 552.48 100
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 euro, Hong Kong dollar and 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 British pound, Japanese yen, Australian 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.
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