BEIJING, April 18 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 10 major currencies, as announced on Friday by the China Foreign Exchange Trading System:
Currency Unit Central parity rate (in yuan)
U.S. dollar 100 615.86
Euro 100 850.66
Japanese yen 100 6.0304
Hong Kong dollar 100 79.421
British pound 100 1,033.91
Australian dollar 100 576.25
New Zealand dollar 100 529.48
Canadian dollar 100 559.42
Malaysian ringgit 52.062 100
Ruble 571.76 100
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, British pound, 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 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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