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    On June 7, 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 7, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.1196 yuan to 1 US dollar, 7.6144 yuan to 1 euro, 5.1004 yuan to 100 yen, 0.90770 yuan to 1 Hong Kong dollar, 8.8465 yuan to 1 pound, 4.7537 yuan to 1 Australian dollar, 4.3279 yuan to 1 New Zealand dollar, 5.2814 yuan to 1 Singapore dollar, 7.8462 yuan to 1 Swiss franc, 5.3126 yuan to 1 Canadian dollar, 0.64731 ringgit to 1 yuan to 11.4315 Russian ruble, 2.6972 South African rand to 1 yuan to 182.66 Korean won, 0.51592 UAE dirham to 1 yuan to 0.52677 Saudi riyal to 1 yuan to 48.3755 Hungarian forint RMB 1 to 0.58766 Polish zloty, RMB 1 to 0.9783 Danish kroner, RMB 1 to 1.5334 Swedish kroner, RMB 1 to 1.5581 Norwegian kroner, RMB 1 to 3.07878 Turkish lira, RMB 1 to 2.4412 Mexican peso, RMB 1 to 4.8836 baht.


    China Foreign Exchange Trading Center

    June 7, 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.