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Market exchange rates in China -- May 16

Xinhua, May 16, 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 Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 687.90

Euro 100 756.55

Japanese yen 100 6.0622

Hong Kong dollar 100 88.329

British pound 100 888.92

Australian dollar 100 511.41

New Zealand dollar 100 474.97

Singapore dollar 100 493.08

Swiss franc 100 691.90

Canadian dollar 100 505.43

Malaysian ringgit 62.743 100

Ruble 818.11 100

Rand 191.28 100

Korean Won 16,244 100

UAE dirham 53.300 100

Saudi riyal 54.426 100

Hungarian forint 4,081.01 100

Polish zloty 55.463 100

Danish krone 98.30 100

Swedish krona 128.09 100

Norwegian krone 124.01 100

Turkish lira 51.486 100

Mexican peso 271.12 100

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