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    On May 15, 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 15, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 6.9654 yuan for 1 US dollar, 7.5583 yuan for 1 euro, 5.1293 yuan for 100 yen, 0.88801 yuan for 1 Hong Kong dollar, 8.6708 yuan for 1 pound, 4.6279 yuan for 1 Australian dollar, 4.3129 yuan for 1 New Zealand dollar, 5.2033 yuan for 1 Singapore dollar, 7.7533 yuan for 1 Swiss franc, 5.1371 yuan for 1 Canadian dollar, 0.64358 ringgit for 1 yuan to 11.0897 Russian ruble, 2.7558 South African rand for 1 yuan to 192.20 Korean won, 0.52725 UAE dirham for 1 yuan to 0.53848 Saudi riyal for 1 yuan, 48.9713 Hungarian forint for 1 yuan RMB 1 to 0.59759 Polish zloty, RMB 1 to 0.9853 Danish kroner, RMB 1 to 1.4916 Swedish kroner, RMB 1 to 1.5329 Norwegian kroner, RMB 1 to 2.81576 Turkish lira, RMB 1 to 2.5265 Mexican peso, RMB 1 to 4.8668 baht.


    China Foreign Exchange Trading Center

    May 15, 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.