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 100 684.95

Euro 100 736.76

Japanese yen 100 6.3424

Hong Kong dollar 100 88.297

British pound 100 858.11

Australian dollar 100 518.87

New Zealand dollar 100 489.10

Singapore dollar 100 484.92

Swiss franc 100 688.10

Canadian dollar 100 506.62

Malaysian ringgit 62.955 100

Ruble 963.14 100

Rand 210.00 100

Korean Won 17,045 100

UAE dirham 53.548 100

Saudi riyal 54.680 100

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.