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    On March 15, 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 15, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 6.8680 yuan to 1 US dollar, 7.3703 yuan to 1 euro, 5.1090 yuan to 100 yen, 0.87502 yuan to 1 Hong Kong dollar, 8.3462 yuan to 1 pound, 4.5936 yuan to 1 Australian dollar, 4.2797 yuan to 1 New Zealand dollar, 5.1070 yuan to 1 Singapore dollar, 7.5131 yuan to 1 Swiss franc, 5.0175 yuan to 1 Canadian dollar, 0.65208 ringgit to 1 yuan to 11.0089 Russian ruble, 2.6405 South African rand to 1 yuan to 189.77 Korean won, 0.53463 United Arab Emirates dirham to 1 yuan to 0.54664 Saudi riyal, 52.8734 Hungarian forint to 1 yuan RMB 1 to 0.63842 Polish zloty, RMB 1 to 1.0103 Danish kroner, RMB 1 to 1.5244 Swedish kroner, RMB 1 to 1.5356 Norwegian kroner, RMB 1 to 2.76288 Turkish lira, RMB 1 to 2.7096 Mexican pesos, RMB 1 to 5.0264 baht.


    China Foreign Exchange Trading Center

    March 15, 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.