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Market exchange rates in China -- Feb. 28

BEIJING
2022-02-28 10:48

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BEIJING, Feb. 28 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 632.22

Euro 100 706.59

Japanese yen 100 5.4663

Hong Kong dollar 100 80.932

British pound 100 844.32

Australian dollar 100 453.97

New Zealand dollar 100 422.84

Singapore dollar 100 465.03

Swiss franc 100 682.01

Canadian dollar 100 495.54

Malaysian ringgit 66.442 100

Ruble 1,328.17 100

Rand 243.24 100

Korean won 19,016 100

UAE dirham 58.101 100

Saudi riyal 59.346 100

Hungarian forint 5,181.71 100

Polish zloty 66.514 100

Danish krone 105.35 100

Swedish krona 151.42 100

Norwegian krone 141.79 100

Turkish lira 222.472 100

Mexican peso 325.35 100

Thai baht 516.73 100

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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