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    On May 8, 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 May 8, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 6.9158 yuan to 1 US dollar, 7.6217 yuan to 1 euro, 5.1163 yuan to 100 yen, 0.88118 yuan to 1 Hong Kong dollar, 8.7345 yuan to 1 pound, 4.6694 yuan to 1 Australian dollar, 4.3580 yuan to 1 New Zealand dollar, 5.2168 yuan to 1 Singapore dollar, 7.7633 yuan to 1 Swiss franc, 5.1713 yuan to 1 Canadian dollar, 0.64155 ringgit to 1 yuan to 11.2536 Russian ruble, 2.6638 South African rand to 1 yuan to 191.21 Korean won, 0.53099 UAE dirham to 1 yuan to 0.54229 Saudi riyal, 48.7633 Hungarian forint to 1 yuan RMB 1 to 0.59998 Polish zloty, RMB 1 to 0.9774 Danish kroner, RMB 1 to 1.4708 Swedish kroner, RMB 1 to 1.5278 Norwegian kroner, RMB 1 to 2.82067 Turkish lira, RMB 1 to 2.5681 Mexican peso, RMB 1 to 4.8977 baht.


    China Foreign Exchange Trading Center

    May 8, 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.