Market exchange rates in China -- Nov 18
Updated: 2011-11-18 11:06
(Xinhua)
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BEIJING - Following are the central parity rates of the Chinese currency Renminbi (RMB) against seven major currencies announced on Friday by the China Foreign Exchange Trading System:
Currency Unit Middle Price (in RMB yuan)
US Dollar 100 635.48
Euro 100 855.26
Japanese Yen 100 8.2551
Hong Kong Dollar 100 81.596
British Pound 100 1000.82
Malaysian Ringgit 49.737 100
Ruble 486.49 100
The central parity of RMB against the U.S. 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 RMB against the other six 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 six currencies against the U.S. dollar at 9 a.m. of the same business day in the international foreign exchange market.