Market exchange rates in China -- May 3

BEIJING, May 3 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 637.32

Euro 100 761.49

Japanese yen 100 5.8025

Hong Kong dollar 100 81.198

British pound 100 864.74

Australian dollar 100 477.22

New Zealand dollar 100 445.83

Singapore dollar 100 476.75

Swiss franc 100 637.64

Canadian dollar 100 494.64

Malaysian ringgit 61.749 100

Ruble 1,003.92 100

Rand 199.38 100

Korean won 16,912 100

UAE dirham 57.657 100

Saudi riyal 58.874 100

Hungarian forint 4,130.57 100

Polish zloty 56.080 100

Danish krone 97.82 100

Swedish krona 139.94 100

Norwegian krone 127.45 100

Turkish lira 65.679 100

Mexican peso 299.90 100

Thai baht 498.29 100

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 22 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 Robot.)