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Market exchange rates in China -- May 7

Source: Xinhua

Editor: huaxia

2025-05-07 09:58:15

BEIJING, May 7 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 720.05

Euro 100 816.50

Japanese yen 100 5.0345

Hong Kong dollar 100 92.891

British pound 100 961.53

Australian dollar 100 468.76

New Zealand dollar 100 433.58

Singapore dollar 100 559.08

Swiss franc 100 871.96

Canadian dollar 100 523.27

Pataca 110.94 100

Malaysian ringgit 58.649 100

Ruble 1,129.36 100

Rand 252.89 100

Korean won 19,281 100

UAE dirham 51.002 100

Saudi riyal 52.071 100

Hungarian forint 4,948.69 100

Polish zloty 52.33 100

Danish krone 91.37 100

Swedish krona 132.74 100

Norwegian krone 142.51 100

Turkish lira 536.219 100

Mexican peso 272.68 100

Thai baht 453.13 100

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 rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong 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.