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    On June 5, 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 5, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 1 US dollar to RMB 7.0904, 1 euro to RMB 7.5854, 100 yen to RMB 5.0572, 1 Hong Kong dollar to RMB 0.90449, 1 pound to RMB 8.8130, 1 Australian dollar to RMB 4.6793, 1 New Zealand dollar to RMB 4.2944, 1 Singapore dollar to RMB 5.2488, 1 Swiss franc to RMB 7.7932, 1 Canadian dollar to RMB 5.2800, RMB 1 to RMB 0.64616 ringgit, RMB 1 to 11.4285 Russian ruble, RMB 1 to 2.7525 South African rand, RMB 1 to 184.21 Korean won, RMB 1 to 0.51803 UAE dirham, RMB 1 to 0.52900 Saudi riyal, RMB 1 to 48.8004 Hungarian forint RMB 1 to 0.59242 Polish zloty, RMB 1 to 0.9823 Danish kroner, RMB 1 to 1.5254 Swedish kroner, RMB 1 to 1.5518 Norwegian kroner, RMB 1 to 2.96773 Turkish lira, RMB 1 to 2.4769 Mexican peso, RMB 1 to 4.9085 baht.


    China Foreign Exchange Trading Center

    June 5, 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.