The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 16 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 685.75

Euro 100 738.80

Japanese yen 100 6.0316

Hong Kong dollar 100 88.425

British pound 100 873.60

Australian dollar 100 513.02

New Zealand dollar 100 490.58

Singapore dollar 100 484.18

Swiss franc 100 681.87

Canadian dollar 100 517.34

Malaysian ringgit 64.576 100

Ruble 929.01 100

Rand 200.20 100

Korean Won 17,021 100

UAE dirham 53.509 100

Saudi riyal 54.735 100

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, rubble, rand, Korean won, UAE dirham and Saudi riyal are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.