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Market Exchange Rates in China -- May 22
May 22,2012 10:49CST
data analysis
Source:SMM
Following are the central parity rates of the Chinese currency Renminbi (RMB) against nine major currencies announced on Tuesday by the China Foreign Exchange Trading System:

BEIJING, May 22 (Xinhua) -- Following are the central parity rates of the Chinese currency Renminbi (RMB) against nine major currencies announced on Tuesday by the China Foreign Exchange Trading System:

Currency Unit Middle Price (in RMB yuan)

U.S. Dollar 100 630.77

Euro 100 807.61

Japanese Yen 100 7.9457

Hong Kong Dollar 100 81.242

British Pound 100 998.13

Australian Dollar 100 625.38

Canadian Dollar 100 620.17

Malaysian Ringgit 49.013 100

Ruble 492.61 100 x The central parity of RMB against the U.S. dollar is based on a weighted average of inquired prices from all market makers before the opening of the market in each business day.

The central parity of RMB against the other eight currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the eight currencies against the U.S. dollar at 9 a.m. of the same business day in the international foreign exchange market.

 

market exchange rate; China

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