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    On May 10, 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 10, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 6.9299 yuan to 1 US dollar, 7.6004 yuan to 1 euro, 5.1241 yuan to 100 yen, 0.88410 yuan to 1 Hong Kong dollar, 8.7501 yuan to 1 pound, 4.6882 yuan to 1 Australian dollar, 4.3923 yuan to 1 New Zealand dollar, 5.2224 yuan to 1 Singapore dollar, 7.7865 yuan to 1 Swiss franc, 5.1800 yuan to 1 Canadian dollar, 0.64198 ringgit to 1 yuan to 11.2418 Russian ruble, 2.6880 South African rand to 1 yuan to 191.22 Korean won, 0.52991 United Arab Emirates dirham to 1 yuan to 0.54120 Saudi riyal, 48.8549 Hungarian forint to 1 yuan RMB 1 to 0.59908 Polish zloty, RMB 1 to 0.9795 Danish kroner, RMB 1 to 1.4707 Swedish kroner, RMB 1 to 1.5246 Norwegian kroner, RMB 1 to 2.81726 Turkish lira, RMB 1 to 2.5626 Mexican peso, RMB 1 to 4.8616 baht.


    China Foreign Exchange Trading Center

    May 10, 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.