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HomeEconomicMarket Exchange Rates In China -- July 29

Market Exchange Rates In China — July 29

BEIJING, July 29 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 713.16 Euro 100 776.79 Japanese yen 100 4.6526 Hong Kong dollar 100 91.339 British pound 100 920.92 Australian dollar 100 470.16 New Zealand dollar 100 423.19 Singapore dollar 100 532.31 Swiss franc 100 808.13 Canadian dollar 100 518.21 Pataca 112.82 100 Malaysian ringgit 65.309 100 Ruble 1,198.24 100 Rand 256.06 100 Korean won 19,248 100 UAE dirham 51.366 100 Saudi riyal 52.47 100 Hungarian forint 5,051.07 100 Polish zloty 55.228 100 Danish krone 96.39 100 Swedish krona 151.11 100 Norwegian krone 154.03 100 Turkish lira 460.398 100 Mexican peso 258.72 100 Thai baht 500.81 100 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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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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