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Market exchange rates in China -- March 7

Xinhua, March 7, 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 100 651.13

Euro 100 716.25

Japanese yen 100 5.7221

Hong Kong dollar 100 83.858

British pound 100 925.49

Australian dollar 100 482.12

New Zealand dollar 100 441.37

Singapore dollar 100 473.19

Swiss franc 100 654.99

Canadian dollar 100 488.32

Malaysian ringgit 63 100

Ruble 1,108.19 100

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 the 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