Market exchange rates in China -- May 22

Source: Xinhua| 2019-05-22 10:08:43|Editor: Liangyu
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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 Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 689.92

Euro 100 771.26

Japanese yen 100 6.2514

Hong Kong dollar 100 87.896

British pound 100 878.17

Australian dollar 100 475.67

New Zealand dollar 100 449.53

Singapore dollar 100 501.83

Swiss franc 100 683.52

Canadian dollar 100 515.56

Malaysian ringgit 60.487 100

Ruble 931.98 100

Rand 208.35 100

Korean won 17,283 100

UAE dirham 53.158 100

Saudi riyal 54.274 100

Hungarian forint 4,227.67 100

Polish zloty 55.807 100

Danish krone 96.82 100

Swedish krona 139.64 100

Norwegian krone 126.73 100

Turkish lira 87.753 100

Mexican peso 275.17 100

Thai baht 462.41 100

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.

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