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    On March 9, 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 9, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 6.9666 yuan for 1 US dollar, 7.3483 yuan for 1 euro, 5.0762 yuan for 100 yen, 0.88751 yuan for 1 Hong Kong dollar, 8.2542 yuan for 1 pound, 4.5918 yuan for 1 Australian dollar, 4.2576 yuan for 1 New Zealand dollar, 5.1478 yuan for 1 Singapore dollar, 7.4040 yuan for 1 Swiss franc, 5.0486 yuan for 1 Canadian dollar, 0.64941 ringgit for 1 yuan to 10.9210 Russian rubles, 2.6668 South African rand for 1 yuan to 189.28 Korean won, 0.52716 UAE dirham for 1 yuan to 0.53886 Saudi riyal for 1 yuan, 51.4778 Hungarian forint for 1 yuan RMB 1 to 0.63693 Polish zloty, RMB 1 to 1.0126 Danish kroner, RMB 1 to 1.5397 Swedish kroner, RMB 1 to 1.5325 Norwegian kroner, RMB 1 to 2.71865 Turkish lira, RMB 1 to 2.5804 Mexican peso, RMB 1 to 5.0350 baht.


    China Foreign Exchange Trading Center

    March 9, 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.