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    On June 8, 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 8, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.1280 yuan to 1 US dollar, 7.6269 yuan to 1 euro, 5.0910 yuan to 100 yen, 0.90906 yuan to 1 Hong Kong dollar, 8.8668 yuan to 1 pound, 4.7442 yuan to 1 Australian dollar, 4.3033 yuan to 1 New Zealand dollar, 5.2847 yuan to 1 Singapore dollar, 7.8344 yuan to 1 Swiss franc, 5.3296 yuan to 1 Canadian dollar, 0.64501 ringgit to 1 yuan to 11.4364 Russian ruble, 2.6781 South African rand to 1 yuan to 183.18 Korean won, 0.51525 UAE dirham to 1 yuan to 0.52609 Saudi riyal to 1 yuan to 48.3073 Hungarian forint RMB 1 to 0.58803 Polish zloty, RMB 1 to 0.9765 Danish kroner, RMB 1 to 1.5288 Swedish kroner, RMB 1 to 1.5502 Norwegian kroner, RMB 1 to 3.27039 Turkish lira, RMB 1 to 2.4355 Mexican peso, RMB 1 to 4.8851 baht.


    China Foreign Exchange Trading Center

    June 8, 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.