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    On April 4, 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 April 4, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 6.8699 yuan to 1 US dollar, 7.4930 yuan to 1 euro, 5.1955 yuan to 100 yen, 0.87534 yuan to 1 Hong Kong dollar, 8.5356 yuan to 1 pound, 4.6639 yuan to 1 Australian dollar, 4.3288 yuan to 1 New Zealand dollar, 5.1796 yuan to 1 Singapore dollar, 7.5305 yuan to 1 Swiss franc, 5.1154 yuan to 1 Canadian dollar, 0.64206 ringgit to 1 yuan to 11.4210 Russian ruble, 2.5926 South African rand to 1 yuan to 190.49 Korean won, 0.53449 United Arab Emirates dirham to 1 yuan to 0.54588 Saudi riyal, 50.4135 Hungarian forint to 1 yuan RMB 1 to 0.62347 Polish zloty, RMB 1 to 0.9940 Danish kroner, RMB 1 to 1.5088 Swedish kroner, RMB 1 to 1.4962 Norwegian kroner, RMB 1 to 2.79455 Turkish lira, RMB 1 to 2.6329 Mexican pesos, RMB 1 to 4.9789 baht.


    China Foreign Exchange Trading Center

    April 4, 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.