Market exchange rates in China -- March 12
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E-mail Xinhua, March 12, 2014
Following are the central parity rates of the Chinese currency Renminbi (RMB) against nine major currencies announced on Wednesday by the China Foreign Exchange Trading System:
Currency Unit Middle Price (in RMB yuan)
U.S. Dollar 100 613.43
Euro 100 850.06
Japanese Yen 100 5.9597
Hong Kong Dollar 100 79.033
British Pound 100 1,019.21
Australian Dollar 100 549.55
Canadian Dollar 100 552.14
Malaysian Ringgit 53.534 100
Ruble 594.04 100
The central parity of RMB against the U.S. dollar is based on a weighted average of inquired prices from all market makers before the opening of the market in each business day.
The central parity of RMB against the other eight currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the eight currencies against the U.S. dollar at 9 a.m. of the same business day in the international foreign exchange market. Endi
