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    On May 23, 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 23, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 7.0326 yuan to 1 US dollar, 7.6031 yuan to 1 euro, 5.0713 yuan to 100 yen, 0.89842 yuan to 1 Hong Kong dollar, 8.7454 yuan to 1 pound, 4.6772 yuan to 1 Australian dollar, 4.4212 yuan to 1 New Zealand dollar, 5.2235 yuan to 1 Singapore dollar, 7.8284 yuan to 1 Swiss franc, 5.2083 yuan to 1 Canadian dollar, 0.64689 ringgit to 1 yuan to 11.4360 Russian ruble, 2.7391 South African rand to 1 yuan to 186.78 Korean won, 0.52213 United Arab Emirates dirham to 1 yuan to 0.53323 Saudi riyal, 49.1891 Hungarian forint to 1 yuan RMB 1 to 0.59223 Polish zloty, RMB 1 to 0.9794 Danish kroner, RMB 1 to 1.5017 Swedish kroner, RMB 1 to 1.5501 Norwegian kroner, RMB 1 to 2.82132 Turkish lira, RMB 1 to 2.5443 Mexican peso, RMB 1 to 4.8995 baht.


    China Foreign Exchange Trading Center

    May 23, 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.