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 100 673.03

Euro 100 740.95

Japanese yen 100 6.4844

Hong Kong dollar 100 86.749

British pound 100 821.55

Australian dollar 100 513.89

New Zealand dollar 100 482.50

Singapore dollar 100 485.13

Swiss franc 100 681.11

Canadian dollar 100 513.59

Malaysian ringgit 62.544 100

Ruble 936.60 100

Rand 210.00 100

Korean Won 16,857 100

UAE dirham 54.568 100

Saudi riyal 55.730 100

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.