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Market Exchange Rates in China -- Oct. 16
 

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 100 658.39

Euro 100 777.65

Japanese yen 100 5.8817

Hong Kong dollar 100 84.343

British pound 100 874.53

Australian dollar 100 518.86

New Zealand dollar 100 472.47

Singapore dollar 100 487.59

Swiss franc 100 675.23

Canadian dollar 100 527.42

Malaysian ringgit 64.049 100

Ruble 869.16 100

Rand 201.67 100

Korean won 17,134 100

UAE dirham 55.790 100

Saudi riyal 56.966 100

Hungarian forint 3,961.93 100

Polish zloty 54.658 100

Danish krone 95.740 100

Swedish krona 123.36 100

Norwegian krone 119.87 100

Turkish lira 55.213 100

Mexican peso 287.58 100

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 2017-10-16)
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