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Market Exchange Rates in China -- Oct. 18
 

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

Currency Unit Central parity rate in yuan

U.S. dollar 100 659.91

Euro 100 777.34

Japanese yen 100 5.8880

Hong Kong dollar 100 84.520

British pound 100 871.38

Australian dollar 100 518.21

New Zealand dollar 100 473.54

Singapore dollar 100 487.59

Swiss franc 100 675.48

Canadian dollar 100 528.44

Malaysian ringgit 63.898 100

Ruble 866.26 100

Rand 202.76 100

Korean won 17,111 100

UAE dirham 55.605 100

Saudi riyal 56.777 100

Hungarian forint 3,961.25 100

Polish zloty 54.482 100

Danish krone 95.75 100

Swedish krona 123.41 100

Norwegian krone 120.16 100

Turkish lira 55.494 100

Mexican peso 284.51 100

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 2017-10-18)
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