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Market exchange rates in China -- April 24

Xinhua, April 24, 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 Friday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 612.41

Euro 100 663.8

Japanese yen 100 5.1358

Hong Kong dollar 100 79.021

British pound 100 923.66

Australian dollar 100 477.4

New Zealand dollar 100 465.56

Singapore dollar 100 457.83

Canadian dollar 100 504.5

Malaysian ringgit 58.528 100

Ruble 829.5 100

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. Enditem

Chinese yuan [PLEASE CHOOSE: strengthens/weakens] to 6.1241 against USD Friday

BEIJING, Apr. 24 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, [PLEASE CHOOSE: strengthened/weakened] by 40 basis points to 6.1241 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

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. Endi