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    On March 14, 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 14, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 6.8949 yuan to 1 US dollar, 7.3952 yuan to 1 euro, 5.1744 yuan to 100 yen, 0.87962 yuan to 1 Hong Kong dollar, 8.3891 yuan to 1 pound, 4.5911 yuan to 1 Australian dollar, 4.2853 yuan to 1 New Zealand dollar, 5.1163 yuan to 1 Singapore dollar, 7.5577 yuan to 1 Swiss franc, 5.0168 yuan to 1 Canadian dollar, 0.65142 ringgit to 1 yuan to 11.0132 Russian ruble, 2.6410 South African rand to 1 yuan to 189.07 Korean won, 0.53268 UAE dirham to 1 yuan to 0.54453 Saudi riyal, 53.1386 Hungarian forint to 1 yuan RMB 1 to 0.63301 Polish zloty, RMB 1 to 1.0069 Danish kroner, RMB 1 to 1.5382 Swedish kroner, RMB 1 to 1.5316 Norwegian kroner, RMB 1 to 2.75139 Turkish lira, RMB 1 to 2.7442 Mexican pesos, RMB 1 to 5.0119 baht.


    China Foreign Exchange Trading Center

    March 14, 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.