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    On April 24, 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 24, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 6.8835 yuan to 1 US dollar, 7.5648 yuan to 1 euro, 5.1382 yuan to 100 yen, 0.87719 yuan to 1 Hong Kong dollar, 8.5674 yuan to 1 pound, 4.6071 yuan to 1 Australian dollar, 4.2279 yuan to 1 New Zealand dollar, 5.1614 yuan to 1 Singapore dollar, 7.7175 yuan to 1 Swiss franc, 5.0843 yuan to 1 Canadian dollar, 0.64439 ringgit to 1 yuan to 11.8424 Russian ruble, 2.6281 South African rand to 1 yuan to 192.99 Korean won, 0.53349 United Arab Emirates dirham to 1 yuan to 0.54490 Saudi riyal to 1 yuan to 49.7177 Hungarian forint RMB 1 to 0.60963 Polish zloty, RMB 1 to 0.9848 Danish kroner, RMB 1 to 1.4967 Swedish kroner, RMB 1 to 1.5380 Norwegian kroner, RMB 1 to 2.81915 Turkish lira, RMB 1 to 2.6151 Mexican peso, RMB 1 to 4.9953 baht.


    China Foreign Exchange Trading Center

    April 24, 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.