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Market exchange rates in China -- May 28

Xinhua, May 28, 2015 Adjust font size:

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 11 major currencies announced on Thursday by the China Foreign Exchange Trading System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 612.02

Euro 100 668.82

Japanese yen 100 4.9619

Hong Kong dollar 100 78.912

British pound 100 941.48

Australian dollar 100 474.56

New Zealand dollar 100 445.01

Singapore dollar 100 454.59

Canadian dollar 100 491.50

Malaysian ringgit 58.642 100

Ruble 840.00 100

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 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 and ruble are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. Endi