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Market exchange rates in China -- July 7

BEIJING, July 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 720.54

Euro 100 788.69

Japanese yen 100 5.0303

Hong Kong dollar 100 92.095

British pound 100 922.66

Australian dollar 100 480.20

New Zealand dollar 100 446.46

Singapore dollar 100 535.39

Swiss franc 100 808.79

Canadian dollar 100 542.00

Malaysian ringgit 64.40 100

Ruble 1,257.31 100

Rand 263.65 100

Korean won 18,039 100

UAE dirham 50.701 100

Saudi riyal 51.787 100

Hungarian forint 4,888.13 100

Polish zloty 56.823 100

Danish krone 94.41 100

Swedish krona 150.95 100

Norwegian krone 148.53 100

Turkish lira 361.13 100

Mexican peso 237.85 100

Thai baht 485.67 100

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.