Market exchange rates in China -- May 19

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BEIJING, May 19 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Thursday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 675.24

Euro 100 707.38

Japanese yen 100 5.2658

Hong Kong dollar 100 86.033

British pound 100 834.16

Australian dollar 100 470.52

New Zealand dollar 100 425.57

Singapore dollar 100 485.58

Swiss franc 100 683.86

Canadian dollar 100 524.40

Malaysian ringgit 65.132 100

Ruble 950.25 100

Rand 237.80 100

Korean won 18,849 100

UAE dirham 54.382 100

Saudi riyal 55.541 100

Hungarian forint 5,423.02 100

Polish zloty 65.632 100

Danish krone 105.19 100

Swedish krona 148.70 100

Norwegian krone 146.44 100

Turkish lira 236.277 100

Mexican peso 296.52 100

Thai baht 512.87 100

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

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