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    On May 26, 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 26, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.0760 yuan to 1 US dollar, 7.5888 yuan to 1 euro, 5.0566 yuan to 100 yen, 0.90314 yuan to 1 Hong Kong dollar, 8.7186 yuan to 1 pound, 4.6009 yuan to 1 Australian dollar, 4.2868 yuan to 1 New Zealand dollar, 5.2243 yuan to 1 Singapore dollar, 7.8181 yuan to 1 Swiss franc, 5.1854 yuan to 1 Canadian dollar, 0.65390 ringgit to 1 yuan to 11.3188 Russian ruble, 2.7986 South African rand to 1 yuan to 187.57 Korean won, 0.51896 UAE dirham to 1 yuan to 0.53000 Saudi riyal, 49.1416 Hungarian forint to 1 yuan RMB 1 to 0.59299 Polish zloty, RMB 1 to 0.9816 Danish kroner, RMB 1 to 1.5291 Swedish kroner, RMB 1 to 1.5622 Norwegian kroner, RMB 1 to 2.82248 Turkish lira, RMB 1 to 2.5234 Mexican pesos, RMB 1 to 4.9072 baht.


    China Foreign Exchange Trading Center

    May 26, 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.