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    On March 13, 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 13, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 6.9375 yuan to 1 US dollar, 7.4156 yuan to 1 euro, 5.1534 yuan to 100 yen, 0.88392 yuan to 1 Hong Kong dollar, 8.3892 yuan to 1 pound, 4.6034 yuan to 1 Australian dollar, 4.2760 yuan to 1 New Zealand dollar, 5.1501 yuan to 1 Singapore dollar, 7.5646 yuan to 1 Swiss franc, 5.0401 yuan to 1 Canadian dollar, 0.65160 ringgit to 1 yuan to 10.9796 Russian ruble, 2.6287 South African rand to 1 yuan to 190.11 Korean won, 0.52937 UAE dirham to 1 yuan to 0.54114 Saudi riyal, 51.6255 Hungarian forint to 1 yuan RMB 1 to 0.63101 Polish zloty, RMB 1 to 1.0038 Danish kroner, RMB 1 to 1.5349 Swedish kroner, RMB 1 to 1.5227 Norwegian kroner, RMB 1 to 2.73442 Turkish lira, RMB 1 to 2.6423 Mexican pesos, RMB 1 to 4.9997 baht.


    China Foreign Exchange Trading Center

    March 13, 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.