Market exchange rates in China -- Aug. 12

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 14 major currencies announced on Friday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 665.43

Euro 100 740.44

Japanese yen 100 6.5260

Hong Kong dollar 100 85.793

British pound 100 862.00

Australian dollar 100 511.57

New Zealand dollar 100 479.54

Singapore dollar 100 494.81

Swiss franc 100 682.26

Canadian dollar 100 512.44

Malaysian ringgit 59.929 100

Ruble 967.44 100

Rand 201.34 100

Korean Won 16,535 100

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 rates of the yuan against the Hong Kong dollar and the 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 euro, British pound, Japanese yen, Australian dollar, Singapore dollar, New Zealand dollar, Malaysian ringgit, rubble, rand and Korean won are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.

(This article is generated by Xinhua News Robot.)

Soce : XINHUA