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Market exchange rates in China -- Jan. 4

Xinhua, January 4, 2016 Adjust font size:

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 12 major currencies announced on Monday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 650.32

Euro 100 704.83

Japanese yen 100 5.3993

Hong Kong dollar 100 83.906

British pound 100 957.27

Australian dollar 100 473.29

New Zealand dollar 100 442.69

Singapore dollar 100 457.47

Swiss franc 100 649.37

Canadian dollar 100 468.97

Malaysian ringgit 66.201 100

Ruble 1,128.38 100

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