Market exchange rates in China -- March 23

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BEIJING, March 23 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 650.36

Euro 100 776.04

Japanese yen 100 5.9782

Hong Kong dollar 100 83.747

British pound 100 901.37

Australian dollar 100 503.25

New Zealand dollar 100 463.34

Singapore dollar 100 485.27

Swiss franc 100 704.25

Canadian dollar 100 519.26

Malaysian ringgit 63.238 100

Ruble 1,151.34 100

Rand 226.39 100

Korean won 17,333 100

UAE dirham 56.466 100

Saudi riyal 57.661 100

Hungarian forint 4,718.00 100

Polish zloty 59.211 100

Danish krone 95.82 100

Swedish krona 130.89 100

Norwegian krone 130.73 100

Turkish lira 120.452 100

Mexican peso 316.63 100

Thai baht 474.94 100

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

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