Market exchange rates in China -- Dec. 5

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 16 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 688.7

Euro 100 727.09

Japanese yen 100 6.0792

Hong Kong dollar 100 88.799

British pound 100 872.44

Australian dollar 100 511.7

New Zealand dollar 100 489.01

Singapore dollar 100 483.56

Swiss franc 100 678.51

Canadian dollar 100 516.45

Malaysian ringgit 64.387 100

Ruble 931.44 100

Rand 202.41 100

Korean Won 17,023 100

UAE dirham 53.302 100

Saudi riyal 54.428 100

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, rubble, rand, Korean won, UAE dirham and Saudi riyal are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. Enditem

(This article is generated by Xinhua News Robot.)