Market exchange rates in China -- Aug. 28

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BEIJING, Aug. 28 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 708.35

Euro 100 788.89

Japanese yen 100 6.7296

Hong Kong dollar 100 90.281

British pound 100 874.78

Australian dollar 100 480.69

New Zealand dollar 100 452.83

Singapore dollar 100 512.74

Swiss franc 100 725.96

Canadian dollar 100 536.02

Malaysian ringgit 59.029 100

Ruble 930.39 100

Rand 215.27 100

Korean won 16,996 100

UAE dirham 51.577 100

Saudi riyal 52.666 100

Hungarian forint 4,171.66 100

Polish zloty 55.445 100

Danish krone 94.48 100

Swedish krona 135.85 100

Norwegian krone 126.58 100

Turkish lira 81.857 100

Mexican peso 280.70 100

Thai baht 429.49 100

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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