Market exchange rates in China -- March 3

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BEIJING, March 3 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 717.45

Euro 100 751.39

Japanese yen 100 4.796

Hong Kong dollar 100 92.252

British pound 100 909.52

Australian dollar 100 449.67

New Zealand dollar 100 406.29

Singapore dollar 100 534.40

Swiss franc 100 798.54

Canadian dollar 100 500.41

Pataca 111.73 100

Malaysian ringgit 61.859 100

Ruble 1,227.84 100

Rand 258.34 100

Korean won 20,141 100

UAE dirham 50.865 100

Saudi riyal 51.943 100

Hungarian forint 5,352.37 100

Polish zloty 55.656 100

Danish krone 99.34 100

Swedish krona 148.47 100

Norwegian krone 155.56 100

Turkish lira 505.438 100

Mexican peso 284.44 100

Thai baht 471.28 100

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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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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