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Market exchange rates in China -- March 2

Xinhua, March 2, 2015 Adjust font size:

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 11 major currencies announced on Monday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 615.13

Euro 100 689.07

Japanese yen 100 5.1577

Hong Kong dollar 100 79.326

British pound 100 951.15

Australian dollar 100 480.79

New Zealand dollar 100 465.95

Singapore dollar 100 452.81

Canadian dollar 100 491.40

Malaysian ringgit 57.558 100

Ruble 992.46 100

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 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