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    On March 2, 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 March 2, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 6.8808 yuan to 1 US dollar, 7.3417 yuan to 1 euro, 5.0576 yuan to 100 yen, 0.87662 yuan to 1 Hong Kong dollar, 8.2765 yuan to 1 pound, 4.6519 yuan to 1 Australian dollar, 4.3038 yuan to 1 New Zealand dollar, 5.1282 yuan to 1 Singapore dollar, 7.3239 yuan to 1 Swiss franc, 5.0629 yuan to 1 Canadian dollar, 0.64985 ringgit to 1 yuan to 10.9326 Russian ruble, 2.6334 South African rand to 1 yuan to 190.06 Korean won, 0.53372 UAE dirham to 1 yuan to 0.54530 Saudi riyal, 50.8293 Hungarian forint to 1 yuan RMB 1 to 0.63644 Polish zloty, RMB 1 to 1.0137 Danish kroner, RMB 1 to 1.5161 Swedish kroner, RMB 1 to 1.5084 Norwegian kroner, RMB 1 to 2.74424 Turkish lira, RMB 1 to 2.6328 Mexican pesos, RMB 1 to 5.0455 Thai baht.


    China Foreign Exchange Trading Center

    March 2, 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.