Market exchange rates in China -- Oct. 17

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 16 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 673.79

Euro 100 738.83

Japanese yen 100 6.4723

Hong Kong dollar 100 86.847

British pound 100 819.82

Australian dollar 100 512.06

New Zealand dollar 100 477.53

Singapore dollar 100 483.95

Swiss franc 100 680.43

Canadian dollar 100 512.13

Malaysian ringgit 62.204 100

Ruble 935.63 100

Rand 212.11 100

Korean Won 16,875 100

UAE dirham 54.495 100

Saudi riyal 55.650 100

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, rubble, rand, Korean won, UAE dirham and Saudi riyal 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