Market exchange rates in China -- March 16
Xinhua, March 16, 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 100 616.15
Euro 100 648.52
Japanese yen 100 5.0987
Hong Kong dollar 100 79.346
British pound 100 911.91
Australian dollar 100 471.55
New Zealand dollar 100 453.62
Singapore dollar 100 444.68
Canadian dollar 100 481.14
Malaysian ringgit 58.428 100
Ruble 1005.54 100
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