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    On March 1, 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 March 1, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 6.9400 yuan to 1 US dollar, 7.3416 yuan to 1 euro, 5.0926 yuan to 100 yen, 0.88416 yuan to 1 Hong Kong dollar, 8.3513 yuan to 1 pound, 4.6702 yuan to 1 Australian dollar, 4.2913 yuan to 1 New Zealand dollar, 5.1488 yuan to 1 Singapore dollar, 7.3681 yuan to 1 Swiss franc, 5.0865 yuan to 1 Canadian dollar, 0.64670 ringgit to 1 yuan to 10.8038 Russian ruble, 2.6418 South African rand to 1 yuan to 190.57 Korean won, 0.52925 UAE dirham to 1 yuan to 0.54075 Saudi riyal, 51.5191 Hungarian forint to 1 yuan RMB 1 to 0.64123 Polish zloty, RMB 1 to 1.0138 Danish kroner, RMB 1 to 1.5080 Swedish kroner, RMB 1 to 1.4962 Norwegian kroner, RMB 1 to 2.72085 Turkish lira, RMB 1 to 2.6379 Mexican pesos, RMB 1 to 5.0785 Thai baht.


    China Foreign Exchange Trading Center

    March 1, 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.