Market exchange rates in China -- Jan. 16
Xinhua, January 16, 2015 Adjust font size:
Following are the central parity rates of the Chinese currency renminbi against 11 major currencies announced on Friday by the China Foreign Exchange Trading System:
Currency Unit Central parity rate (in yuan)
U.S. dollar 100 611.88
Euro 100 712.44
Japanese yen 100 5.2775
Hong Kong dollar 100 78.934
British pound 100 930.44
Australian dollar 100 503.94
New Zealand dollar 100 479.33
Singapore dollar 100 462.99
Canadian dollar 100 510.71
Malaysian ringgit 57.987 100
Ruble 1039.11 100
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