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Market exchange rates in China -- July 7

Xinhua, July 7, 2016 Adjust font size:

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 13 major currencies announced on Thursday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 668.20

Euro 100 741.18

Japanese yen 100 6.6140

Hong Kong dollar 100 86.131

British pound 100 862.48

Australian dollar 100 502.16

New Zealand dollar 100 476.40

Singapore dollar 100 494.96

Swiss franc 100 685.33

Canadian dollar 100 515.51

Malaysian ringgit 60.076 100

Ruble 961.23 100

Rand 220.60 100

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. Enditem

(This article is generated by Xinhua News Robo