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

Currency Unit Central parity rate in yuan

U.S. dollar 100 671.57

Euro 100 742.29

Japanese yen 100 6.4788

Hong Kong dollar 100 86.573

British pound 100 821.88

Australian dollar 100 508.32

New Zealand dollar 100 476.32

Singapore dollar 100 485.71

Swiss franc 100 680.95

Canadian dollar 100 508.40

Malaysian ringgit 62.492 100

Ruble 939.15 100

Rand 212.43 100

Korean Won 16,845 100

UAE dirham 54.688 100

Saudi riyal 55.847 100

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.