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Market Exchange Rates in China -- May 2
 

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 100 689.56

Euro 100 752.27

Japanese yen 100 6.1677

Hong Kong dollar 100 88.653

British pound 100 889.53

Australian dollar 100 519.51

New Zealand dollar 100 477.19

Singapore dollar 100 494.03

Swiss franc 100 692.71

Canadian dollar 100 504.35

Malaysian ringgit 62.895 100

Ruble 826.73 100

Rand 194.30 100

Korean Won 16,470 100

UAE dirham 53.257 100

Saudi riyal 54.380 100

Hungarian forint 4,146.31 100

Polish zloty 56.149 100

Danish krone 98.85 100

Swedish krona 128.24 100

Norwegian krone 124.48 100

Turkish lira 51.533 100

Mexican peso 271.53 100

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.


(www.chinaview.cn 2017-05-02)
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