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Market Exchange Rates in China -- March 16
 

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 688.62

Euro 100 739.94

Japanese yen 100 6.0738

Hong Kong dollar 100 88.668

British pound 100 845.86

Australian dollar 100 530.31

New Zealand dollar 100 483.63

Singapore dollar 100 491.55

Swiss franc 100 688.84

Canadian dollar 100 517.93

Malaysian ringgit 64.289 100

Ruble 847.54 100

Rand 186.31 100

Korean Won 16,471 100

UAE dirham 53.333 100

Saudi riyal 54.452 100

Hungarian forint 4,193.89 100

Polish zloty 58.329 100

Danish krone 100.50 100

Swedish krona 128.86 100

Norwegian krone 123.39 100

Turkish lira 53.386 100

Mexican peso 279.20 100

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 rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar 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 other 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.


(www.chinaview.cn 2017-03-16)
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