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HomeEconomicFinanceMarket exchange rates in China -- Aug. 14

Market exchange rates in China — Aug. 14

 BEIJING, Aug. 14 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:

   Currency            Unit        Central parity rate in yuan

   U.S. dollar         100                 716.86

   Euro                100                 789.88

   Japanese yen        100                 4.9992

   Hong Kong dollar    100                 91.701

   British pound       100                 917.56

   Australian dollar   100                 469.73

   New Zealand dollar  100                 433.23

   Singapore dollar    100                 534.54

   Swiss franc         100                 824.47

   Canadian dollar     100                 538.83

   Malaysian ringgit   63.687              100

   Ruble               1,372.08            100

   Rand                261.71              100

   Korean won          18,344              100

   UAE dirham          50.803              100

   Saudi riyal         51.897              100

   Hungarian forint    4,839.90            100

   Polish zloty        56.081              100

   Danish krone        94.19               100

   Swedish krona       149.74              100

   Norwegian krone     144.22              100

   Turkish lira        374.259             100

   Mexican peso        235.10              100

   Thai baht           485.07              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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