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    On April 27, 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 27, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 6.9207 yuan to 1 US dollar, 7.6435 yuan to 1 euro, 5.1859 yuan to 100 yen, 0.88166 yuan to 1 Hong Kong dollar, 8.6308 yuan to 1 pound, 4.5731 yuan to 1 Australian dollar, 4.2345 yuan to 1 New Zealand dollar, 5.1837 yuan to 1 Singapore dollar, 7.7678 yuan to 1 Swiss franc, 5.0775 yuan to 1 Canadian dollar, 0.64389 ringgit to 1 yuan to 11.8270 Russian rubles, 2.6530 South African rand to 1 yuan to 193.19 Korean won, 0.53062 United Arab Emirates dirham to 1 yuan to 0.54199 Saudi riyal, 48.9338 Hungarian forint to 1 yuan RMB 1 to 0.59970 Polish zloty, RMB 1 to 0.9753 Danish kroner, RMB 1 to 1.4912 Swedish kroner, RMB 1 to 1.5364 Norwegian kroner, RMB 1 to 2.80676 Turkish lira, RMB 1 to 2.6240 Mexican peso, RMB 1 to 4.9312 baht.


    China Foreign Exchange Trading Center

    April 27, 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.