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Market exchange rates in China — Aug. 2

BEIJING, Aug. 2 (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 100 713.68

Euro 100 788.35

Japanese yen 100 5.0167

Hong Kong dollar 100 91.563

British pound 100 916.13

Australian dollar 100 473.96

New Zealand dollar 100 439.80

Singapore dollar 100 536.64

Swiss franc 100 821.06

Canadian dollar 100 539.95

Malaysian ringgit 63.216 100

Ruble 1,285.75 100

Rand 255.25 100

Korean won 17,950 100

UAE dirham 51.28 100

Saudi riyal 52.386 100

Hungarian forint 4,928.48 100

Polish zloty 56.397 100

Danish krone 94.44 100

Swedish krona 147.51 100

Norwegian krone 141.86 100

Turkish lira 376.675 100

Mexican peso 235.56 100

Thai baht 478.67 100

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.

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