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Market exchange rates in China -- May 18

Xinhua, May 18, 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 Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 686.12

Euro 100 766.91

Japanese yen 100 6.1903

Hong Kong dollar 100 88.130

British pound 100 891.26

Australian dollar 100 511.02

New Zealand dollar 100 477.19

Singapore dollar 100 494.33

Swiss franc 100 702.21

Canadian dollar 100 505.66

Malaysian ringgit 62.877 100

Ruble 830.79 100

Rand 192.24 100

Korean Won 16,316 100

UAE dirham 53.425 100

Saudi riyal 54.548 100

Hungarian forint 4,027.96 100

Polish zloty 54.632 100

Danish krone 96.98 100

Swedish krona 127.03 100

Norwegian krone 122.30 100

Turkish lira 52.022 100

Mexican peso 275.42 100

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