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HomeEconomicFinanceMarket exchange rates in China -- Feb. 23

Market exchange rates in China — Feb. 23

16772212847717 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                 690.28

   Euro                100                 732.14

   Japanese yen        100                 5.1174

   Hong Kong dollar    100                 88.002

   British pound       100                 831.63

   Australian dollar   100                 470.27

   New Zealand dollar  100                 429.63

   Singapore dollar    100                 514.84

   Swiss franc         100                 741.23

   Canadian dollar     100                 509.53

   Malaysian ringgit   64.394              100

   Ruble               1,087.85            100

   Rand                264.16              100

   Korean won          18,896              100

   UAE dirham          53.211              100

   Saudi riyal         54.345              100

   Hungarian forint    5,207.56            100

   Polish zloty        64.859              100

   Danish krone        101.67              100

   Swedish krona       150.94              100

   Norwegian krone     149.94              100

   Turkish lira        273.498             100

   Mexican peso        266.05              100

   Thai baht           501.70              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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