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Market exchange rates in China — Sept. 11

BEIJING, Sept. 11 (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                 721.48

   Euro                100                 781.40

   Japanese yen        100                 4.971

   Hong Kong dollar    100                 92.016

   British pound       100                 910.54

   Australian dollar   100                 467.48

   New Zealand dollar  100                 431.87

   Singapore dollar    100                 535.14

   Swiss franc         100                 817.63

   Canadian dollar     100                 536.83

   Malaysian ringgit   64.857              100

   Ruble               1,347.97            100

   Rand                261.92              100

   Korean won          18,183              100

   UAE dirham          50.441              100

   Saudi riyal         51.509              100

   Hungarian forint    4,968.62            100

   Polish zloty        59.461              100

   Danish krone        95.26               100

   Swedish krona       152.07              100

   Norwegian krone     145.79              100

   Turkish lira        368.808             100

   Mexican peso        242.47              100

   Thai baht           484.82              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.  

Chinese shares open higher Monday

   BEIJING, Sept. 11 (Xinhua) — Chinese stocks opened higher on Monday, with the benchmark Shanghai Composite Index up 0.09 percent to open at 3,119.61 points.

   The Shenzhen Component Index opened 0.09 percent higher at 10,290.81 points.  

ChiNext Index opens lower Monday

   BEIJING, Sept. 11 (Xinhua) — The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, was down 0.04 percent to open at 2,048.95 points Monday.

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

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