Money
Market exchange rates in China -- May 10
(Xinhua)
Updated: 2011-05-10 13:18
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BEIJING -- The following are the central parity rates of the renminbi against seven major currencies announced Tuesday by the China Foreign Exchange Trading System:
Currency Unit Middle Price (in yuan)
US Dollar 100 649.50
Euro 100 931.12
Japanese Yen 100 8.0919
Hong Kong Dollar 100 83.563
British Pound 100 1,064.73
Malaysian Ringgit 46.001 100
Ruble 429.25 100
The central parity of renminbi against the US dollar is based on a weighted average of enquired prices from all market makers before the opening of the market in each business day.
The central parity of renminbi against the other six currencies is based on the central rate of renminbi against the US dollar of the same business day as well as the exchange rates of the six currencies against the US dollar at 9 am of the same business day in the international foreign exchange market.
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