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November 22, 2009 7:55:00 PM EST

News Story

Market exchange rates -- Nov. 5
Wednesday November 04, 2009 20:32:47 EST

BEIJING, Nov 04, 2009 (Xinhua via COMTEX News Network) --

The central parity rate of the RMB against five major currencies announced on Nov. 5 by the China Foreign Exchange Trading System:

Currency Unit Middle Price (in RMB yuan)

U.S. Dollar 100 682.77

Euro 100 1,014.29

Japanese Yen 100 7.5319

Hong Kong Dollar 100 88.099

British Pound 100 1,130.05

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 four 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 four currencies against the U.S. dollar at 9 a.m. of the same business day in the international foreign exchange market.

Copyright 2009 XINHUA NEWS AGENCY

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