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    On June 1, 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 June 1, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 7.0965 yuan to 1 US dollar, 7.5887 yuan to 1 euro, 5.1047 yuan to 100 yen, 0.90624 yuan to 1 Hong Kong dollar, 8.8326 yuan to 1 pound, 4.6180 yuan to 1 Australian dollar, 4.2755 yuan to 1 New Zealand dollar, 5.2520 yuan to 1 Singapore dollar, 7.7975 yuan to 1 Swiss franc, 5.2316 yuan to 1 Canadian dollar, 0.64965 ringgit to 1 yuan to 11.4613 Russian ruble, 2.7786 South African rand to 1 yuan to 186.20 Korean won, 0.51753 UAE dirham to 1 yuan to 0.52855 Saudi riyal, 48.8249 Hungarian forint to 1 yuan RMB 1 to 0.59639 Polish zloty, RMB 1 to 0.9812 Danish kroner, RMB 1 to 1.5277 Swedish kroner, RMB 1 to 1.5596 Norwegian kroner, RMB 1 to 2.93116 Turkish lira, RMB 1 to 2.4907 Mexican peso, RMB 1 to 4.8829 baht.


    China Foreign Exchange Trading Center

    June 1, 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.