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    On March 16, 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 16, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 6.9149 yuan to 1 US dollar, 7.3194 yuan to 1 euro, 5.1987 yuan to 100 yen, 0.88107 yuan to 1 Hong Kong dollar, 8.3443 yuan to 1 pound, 4.5794 yuan to 1 Australian dollar, 4.2665 yuan to 1 New Zealand dollar, 5.1173 yuan to 1 Singapore dollar, 7.4244 yuan to 1 Swiss franc, 5.0261 yuan to 1 Canadian dollar, 0.65008 ringgit to 1 yuan to 11.0166 Russian ruble, 2.6589 South African rand to 1 yuan to 189.99 Korean won, 0.53118 UAE dirham to 1 yuan to 0.54317 Saudi riyal, 54.0890 Hungarian forint to 1 yuan RMB 1 to 0.64297 Polish zloty, RMB 1 to 1.0172 Danish kroner, RMB 1 to 1.5326 Swedish kroner, RMB 1 to 1.5550 Norwegian kroner, RMB 1 to 2.74632 Turkish lira, RMB 1 to 2.7454 Mexican peso, RMB 1 to 5.0052 Thai baht.


    China Foreign Exchange Trading Center

    March 16, 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.