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    On February 27, 2023, the China Foreign Exchange Trading Center was authorized to announce the central parity rate of the RMB exchange rate

    The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on February 27, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 6.9572 yuan for 1 US dollar, 7.3406 yuan for 1 euro, 5.1040 yuan for 100 yen, 0.88647 yuan for 1 Hong Kong dollar, 8.3143 yuan for 1 pound, 4.6836 yuan for 1 Australian dollar, 4.2878 yuan for 1 New Zealand dollar, 5.1526 yuan for 1 Singapore dollar, 7.3979 yuan for 1 Swiss franc, 5.1149 yuan for 1 Canadian dollar, 0.63881 ringgit for 1 yuan to 10.9049 Russian ruble, 2.6478 South African rand for 1 yuan to 188.38 Korean won, 0.52799 UAE dirham for 1 yuan to 0.53934 Saudi riyal for 1 yuan, 51.7416 Hungarian forint for 1 yuan RMB 1 to 0.64272 Polish zloty, RMB 1 to 1.0140 Danish kroner, RMB 1 to 1.5076 Swedish kroner, RMB 1 to 1.4912 Norwegian kroner, RMB 1 to 2.71510 Turkish lira, RMB 1 to 2.6429 Mexican pesos, RMB 1 to 5.0227 baht.


    China Foreign Exchange Trading Center

    February 27, 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.