Market exchange rates in China -- May 7

BEIJING, May 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Friday by the China Foreign Exchange Trade

Market exchange rates in China -- May 7
BEIJING, May 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Friday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 646.78 Euro 100 780.03 Japanese yen 100 5.9288 Hong Kong dollar 100 83.252 British pound 100 898.32 Australian dollar 100 503.30 New Zealand dollar 100 467.56 Singapore dollar 100 484.91 Swiss franc 100 712.29 Canadian dollar 100 531.90 Malaysian ringgit 63.755 100 Ruble 1,147.80 100 Rand 219.49 100 Korean won 17,358 100 UAE dirham 56.804 100 Saudi riyal 58.007 100 Hungarian forint 4,594.14 100 Polish zloty 58.599 100 Danish krone 95.33 100 Swedish krona 130.28 100 Norwegian krone 128.43 100 Turkish lira 128.141 100 Mexican peso 310.94 100 Thai baht 482.83 100 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.