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    On May 4, 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 May 4, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 6.9054 yuan to 1 US dollar, 7.6458 yuan to 1 euro, 5.1335 yuan to 100 yen, 0.87977 yuan to 1 Hong Kong dollar, 8.6810 yuan to 1 pound, 4.5888 yuan to 1 Australian dollar, 4.2893 yuan to 1 New Zealand dollar, 5.1936 yuan to 1 Singapore dollar, 7.8201 yuan to 1 Swiss franc, 5.0672 yuan to 1 Canadian dollar, 0.64547 ringgit to 1 yuan to 11.5108 Russian ruble, 2.6503 South African rand to 1 yuan to 193.02 Korean won, 0.53187 UAE dirham to 1 yuan to 0.54312 Saudi riyal, 49.0935 Hungarian forint to 1 yuan RMB 1 to 0.60046 Polish zloty, RMB 1 to 0.9746 Danish kroner, RMB 1 to 1.4848 Swedish kroner, RMB 1 to 1.5580 Norwegian kroner, RMB 1 to 2.82184 Turkish lira, RMB 1 to 2.6041 Mexican pesos, RMB 1 to 4.9041 Thai baht.


    China Foreign Exchange Trading Center

    May 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.