Market exchange rates in China

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 100 614.52 Euro 100 847.52 Japanese yen 100 6.0251 Hong Kong dollar 100 79.207 British pound 100 1013.22 Australian dollar 100 559.62 Canadian dollar 100 546.94 New Zealand dollar 100 525.70 Malaysian ringgit 53.463 100 Ruble 584.45 100 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.