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ATAHK reads from Xinhua News that Following are the central parity rates of the Chinese currency renminbi against 10 major currencies announced on Friday by the China Foreign Exchange Trading System. For details, please refer to the following news from Xinhua News on September 12th:
Currency Unit Central parity rate (in yuan)
U.S. dollar 100 614.68
Euro 100 794.01
Japanese yen 100 5.7335
Hong Kong dollar 100 79.310
British pound 100 997.99
Australian dollar 100 558.40
New Zealand dollar 100 502.22
Canadian dollar 100 556.42
Malaysian ringgit 52.083 100
Ruble 611.55 100
The central parity rate of 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 rates of the yuan against the euro, Hong Kong dollar and Canadian dollar are based on the central parity rate of the yuan against the U.S. dollar and the exchange rates of the four currencies 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 British pound, Japanese yen, Australian dollar, New Zealand dollar, Malaysian ringgit and ruble are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.
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