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

Currency Unit Central parity rate in yuan

U.S. dollar 100 690.85

Euro 100 728.17

Japanese yen 100 6.1395

Hong Kong dollar 100 89.070

British pound 100 858.97

Australian dollar 100 509.80

New Zealand dollar 100 483.58

Singapore dollar 100 482.27

Swiss franc 100 679.42

Canadian dollar 100 511.94

Malaysian ringgit 64.120 100

Ruble 931.49 100

Rand 204.57 100

Korean Won 17,071 100

UAE dirham 53.122 100

Saudi riyal 54.246 100

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.