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Market exchange rates in China — Aug. 24

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

   Currency            Unit        Central parity rate in yuan

   U.S. dollar         100                 718.86

   Euro                100                 788.64

   Japanese yen        100                 5.0312

   Hong Kong dollar    100                 91.697

   British pound       100                 923.22

   Australian dollar   100                 470.89

   New Zealand dollar  100                 434.80

   Singapore dollar    100                 537.25

   Swiss franc         100                 827.11

   Canadian dollar     100                 537.82

   Malaysian ringgit   64.378              100

   Ruble               1,293.71            100

   Rand                254.81              100

   Korean won          18,296              100

   UAE dirham          50.585              100

   Saudi riyal         51.659              100

   Hungarian forint    4,855.86            100

   Polish zloty        56.697              100

   Danish krone        94.28               100

   Swedish krona       150.18              100

   Norwegian krone     145.59              100

   Turkish lira        374.832             100

   Mexican peso        232.02              100

   Thai baht           480.50              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 mChiNext Index opens higher Thursday

   BEIJING, Aug. 24 (Xinhua) — The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, was up 0.57 percent to open at 2,050.53 points Thursday.

   The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange. arket.  

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