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Market exchange rates in China -- May 8

Xinhua, May 8, 2017 Adjust font size:

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 23 major currencies announced on Monday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 689.47

Euro 100 756.77

Japanese yen 100 6.1159

Hong Kong dollar 100 88.582

British pound 100 893.98

Australian dollar 100 510.99

New Zealand dollar 100 475.77

Singapore dollar 100 490.57

Swiss franc 100 697.13

Canadian dollar 100 504.45

Malaysian ringgit 62.887 100

Ruble 839.57 100

Rand 195.07 100

Korean Won 16,465 100

UAE dirham 53.256 100

Saudi riyal 54.381 100

Hungarian forint 4,113.77 100

Polish zloty 55.564 100

Danish krone 98.23 100

Swedish krona 127.71 100

Norwegian krone 124.72 100

Turkish lira 51.350 100

Mexican peso 274.64 100

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 21 currencies 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 Robo