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Market Exchange Rates In China — April 11

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

   Currency            Unit        Central parity rate in yuan

   U.S. dollar         100                 688.82

   Euro                100                 748.59

   Japanese yen        100                 5.1581

   Hong Kong dollar    100                 87.753

   British pound       100                 853.43

   Australian dollar   100                 457.88

   New Zealand dollar  100                 428.87

   Singapore dollar    100                 517.03

   Swiss franc         100                 757.82

   Canadian dollar     100                 509.96

   Malaysian ringgit   64.033              100

   Ruble               1,185.93            100

   Rand                268.31              100

   Korean won          19,172              100

   UAE dirham          53.327              100

   Saudi riyal         54.473              100

   Hungarian forint    5,012.31            100

   Polish zloty        62.603              100

   Danish krone        99.54               100

   Swedish krona       152.60              100

   Norwegian krone     152.74              100

   Turkish lira        279.744             100

   Mexican peso        263.62              100

   Thai baht           498.85              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 22 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.  

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