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    On June 28, 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 28, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.2101 yuan to 1 US dollar, 7.8999 yuan to 1 euro, 5.0118 yuan to 100 yen, 0.92055 yuan to 1 Hong Kong dollar, 9.1903 yuan to 1 pound, 4.8174 yuan to 1 Australian dollar, 4.4398 yuan to 1 New Zealand dollar, 5.3432 yuan to 1 Singapore dollar, 8.0679 yuan to 1 Swiss franc, 5.4649 yuan to 1 Canadian dollar, 0.64706 ringgit to 1 yuan to 11.8296 Russian ruble, 2.5689 South African rand to 1 yuan to 180.27 Korean won, 0.50936 United Arab Emirates dirham to 1 yuan to 0.52019 Saudi riyal to 1 yuan to 46.8400 Hungarian forint RMB 1 to 0.56293 Polish zloty, RMB 1 to 0.9426 Danish kroner, RMB 1 to 1.4878 Swedish kroner, RMB 1 to 1.4969 Norwegian kroner, RMB 1 to 3.60704 Turkish lira, RMB 1 to 2.3701 Mexican peso, RMB 1 to 4.8923 baht.

    China Foreign Exchange Trading Center

    June 28, 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.