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    On April 20, 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 April 20, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 6.8987 yuan to 1 US dollar, 7.5537 yuan to 1 euro, 5.1206 yuan to 100 yen, 0.87895 yuan to 1 Hong Kong dollar, 8.5731 yuan to 1 pound, 4.6249 yuan to 1 Australian dollar, 4.2518 yuan to 1 New Zealand dollar, 5.1674 yuan to 1 Singapore dollar, 7.6839 yuan to 1 Swiss franc, 5.1220 yuan to 1 Canadian dollar, 0.64366 ringgit to 1 yuan to 11.8526 Russian ruble, 2.6379 South African rand to 1 yuan to 192.48 Korean won, 0.53235 UAE dirham to 1 yuan to 0.54371 Saudi riyal, 50.1400 Hungarian forint to 1 yuan RMB 1 to 0.61155 Polish zloty, RMB 1 to 0.9866 Danish kroner, RMB 1 to 1.5013 Swedish kroner, RMB 1 to 1.5349 Norwegian kroner, RMB 1 to 2.81229 Turkish lira, RMB 1 to 2.6168 Mexican pesos, RMB 1 to 4.9952 baht.


    China Foreign Exchange Trading Center

    April 20, 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.