Following are the central parity rates of the Chinese currency Renminbi (RMB) against nine major currencies announced on Wednesday by the China Foreign Exchange Trading System:
Currency Unit Middle Price (in RMB yuan)
U.S. Dollar 100 611.05
Euro 100 841.32
Japanese Yen 100 5.9361
Hong Kong Dollar 100 78.823
British Pound 100 994.36
Australian Dollar 100 544.29
Canadian Dollar 100 576.14x Malaysian Ringgit 53.451 100
Ruble 541.97 100
The central parity of RMB against the U.S. dollar is based[Businesses Registration] on a weighted average of inquired prices from all market makers before the opening of the market in each business day.
The central parity of RMB against the other eight currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange[Hong Kong Company Formation & Registration] rates of the eight currencies against the U.S. dollar at 9 a.m. of the same business day in the international foreign exchange market.
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