Market exchange rates in China -- May 17
Xinhua, May 17, 2016 Adjust font size:
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 12 major currencies announced on Tuesday by the China Foreign Exchange Trading System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 652.00
Euro 100 738.23
Japanese yen 100 5.9825
Hong Kong dollar 100 83.991
British pound 100 941.75
Australian dollar 100 475.10
New Zealand dollar 100 442.16
Singapore dollar 100 476.54
Swiss franc 100 666.94
Canadian dollar 100 505.03
Malaysian ringgit 61.466 100
Ruble 995.39 100
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 and ruble are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. Endi