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Market Exchange Rates in China -- Aug. 7
 

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 672.28

Euro 100 792.30

Japanese yen 100 6.0679

Hong Kong dollar 100 85.982

British pound 100 877.17

Australian dollar 100 533.54

New Zealand dollar 100 498.20

Singapore dollar 100 494.09

Swiss franc 100 691.20

Canadian dollar 100 531.99

Malaysian ringgit 63.628 100

Ruble 890.44 100

Rand 199.52 100

Korean won 16,763 100

UAE dirham 54.638 100

Saudi riyal 55.788 100

Hungarian forint 3,845.53 100

Polish zloty 53.545 100

Danish krone 93.90 100

Swedish krona 121.13 100

Norwegian krone 118.16 100

Turkish lira 52.514 100

Mexican peso 265.67 100

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 21 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.


(www.chinaview.cn 2017-08-07)
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