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Market exchange rates in China -- Aug. 12

Xinhua, August 12, 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 100 633.06

Euro 100 694.81

Japanese yen 100 5.0524

Hong Kong dollar 100 81.583

British pound 100 984.99

Australian dollar 100 462.25

New Zealand dollar 100 413.93

Singapore dollar 100 450.61

Canadian dollar 100 483.55

Malaysian ringgit 62.211 100

Ruble 1013.99 100

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers and refers to the closing rate of the inter-bank foreign exchange market on the previous day, supply and demand and price movement of major currencies 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