Market exchange rates in China -- March 11

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BEIJING, March 11 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 672.02

Euro 100 754.85

Japanese yen 100 6.0492

Hong Kong dollar 100 85.609

British pound 100 872.76

Australian dollar 100 473.00

New Zealand dollar 100 457.17

Singapore dollar 100 494.44

Swiss franc 100 666.75

Canadian dollar 100 500.84

Malaysian ringgit 60.841 100

Ruble 987.55 100

Rand 214.64 100

Korean won 16,888 100

UAE dirham 54.658 100

Saudi riyal 55.806 100

Hungarian forint 4,180.32 100

Polish zloty 56.98 100

Danish krone 98.83 100

Swedish krona 140.33 100

Norwegian krone 130.11 100

Turkish lira 80.83 100

Mexican peso 290.17 100

Thai baht 472.44 100

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 rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar 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 other 22 currencies 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 Robot.)

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