Market exchange rates in China -- Feb. 27

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The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 688.14

Euro 100 725.89

Japanese yen 100 6.1307

Hong Kong dollar 100 88.668

British pound 100 853.31

Australian dollar 100 527.68

New Zealand dollar 100 494.81

Singapore dollar 100 489.30

Swiss franc 100 682.33

Canadian dollar 100 524.83

Malaysian ringgit 64.398 100

Ruble 848.94 100

Rand 187.91 100

Korean Won 16,461 100

UAE dirham 53.370 100

Saudi riyal 54.50 100

Hungarian forint 4,247.16 100

Polish zloty 59.377 100

Danish krone 102.32 100

Swedish krona 131.33 100

Norwegian krone 121.74 100

Turkish lira 52.306 100

Mexican peso 288.95 100

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 21 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 Robo

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