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Market exchange rates in China -- March 18

Xinhua, March 18, 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 Wednesday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 615.56

Euro 100 653.95

Japanese yen 100 5.0907

Hong Kong dollar 100 79.298

British pound 100 910.97

Australian dollar 100 470.18

New Zealand dollar 100 451.28

Singapore dollar 100 444.92

Canadian dollar 100 481.43

Malaysian ringgit 59.016 100

Ruble 987.94 100

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