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    On February 8, 2023, the China Foreign Exchange Trading Center was authorized to announce the central parity of the RMB exchange rate

    The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 8, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 6.7752 yuan to 1 US dollar, 7.2682 yuan to 1 euro, 5.1677 yuan to 100 yen, 0.86329 yuan to 1 Hong Kong dollar, 8.1631 yuan to 1 pound, 4.7139 yuan to 1 Australian dollar, 4.2806 yuan to 1 New Zealand dollar, 5.1175 yuan to 1 Singapore dollar, 7.3506 yuan to 1 Swiss franc, 5.0571 yuan to 1 Canadian dollar, 0.63427 ringgit to 1 yuan to 10.4771 Russian ruble, 2.5867 South African rand to 1 yuan to 185.20 Korean won, 0.54208 United Arab Emirates dirham to 1 yuan to 0.55371 Saudi riyal, 53.9467 Hungarian forint to 1 yuan RMB 1 to 0.65310 Polish zloty, RMB 1 to 1.0237 Danish kroner, RMB 1 to 1.5606 Swedish kroner, RMB 1 to 1.5230 Norwegian kroner, RMB 1 to 2.77849 Turkish lira, RMB 1 to 2.7870 Mexican peso, RMB 1 to 4.9495 baht.

    China Foreign Exchange Trading Center

    February 8, 2023

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    Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.