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Market exchange rates in China -- Jan. 8

Xinhua, January 8, 2015 Adjust font size:

Following are the central parity rates of the Chinese currency renminbi against 11 major currencies announced on Thursday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate (in yuan)

U.S. dollar 100 613.02

Euro 100 727.18

Japanese yen 100 5.1511

Hong Kong dollar 100 79.053

British pound 100 928.27

Australian dollar 100 497.3

New Zealand dollar 100 477.97

Singapore dollar 100 460.24

Canadian dollar 100 518.72

Malaysian ringgit 57.821 100

Ruble 1015.53 100

The central parity rate of 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 rates of the yuan against the Hong Kong dollar and Canadian dollar are based on the central parity rate of the yuan against the U.S. dollar and the exchange rates of the four currencies 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 euro, British pound, Japanese yen, Australian dollar, Singapore dollar, New Zealand dollar, Malaysian ringgit and ruble are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. Endi