Market exchange rates in China -- May 22

BEIJING, May 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 637.99

Euro 100 752.02

Japanese yen 100 5.7459

Hong Kong dollar 100 81.288

British pound 100 856.64

Australian dollar 100 483.46

New Zealand dollar 100 443.21

Singapore dollar 100 476.17

Swiss franc 100 639.89

Canadian dollar 100 499.14

Malaysian ringgit 62.330 100

Ruble 965.71 100

Rand 198.68 100

Korean won 16,962 100

UAE dirham 57.599 100

Saudi riyal 58.815 100

Hungarian forint 4,226.44 100

Polish zloty 57.064 100

Danish krone 99.04 100

Swedish krona 136.02 100

Norwegian krone 126.21 100

Turkish lira 71.802 100

Mexican peso 311.10 100

Thai baht 504.11 100

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.)