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    On May 22, 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 22, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.0157 yuan to 1 US dollar, 7.5911 yuan to 1 euro, 5.0942 yuan to 100 yen, 0.89706 yuan to 1 Hong Kong dollar, 8.7392 yuan to 1 pound, 4.6679 yuan to 1 Australian dollar, 4.4034 yuan to 1 New Zealand dollar, 5.2172 yuan to 1 Singapore dollar, 7.8094 yuan to 1 Swiss franc, 5.1985 yuan to 1 Canadian dollar, 0.64648 ringgit to 1 yuan to 11.4543 Russian ruble, 2.7684 South African rand to 1 yuan to 188.78 Korean won, 0.52335 UAE dirham to 1 yuan to 0.53450 Saudi riyal, 49.4848 Hungarian forint to 1 yuan RMB 1 to 0.59860 Polish zloty, RMB 1 to 0.9813 Danish kroner, RMB 1 to 1.4983 Swedish kroner, RMB 1 to 1.5503 Norwegian kroner, RMB 1 to 2.82480 Turkish lira, RMB 1 to 2.5316 Mexican peso, RMB 1 to 4.8876 Thai baht.


    China Foreign Exchange Trading Center

    May 22, 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.