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    On July 3, 2023, the China Foreign Exchange Trading Center was authorized to announce the central parity rate of the RMB exchange rate

    The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on July 3, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.2157 yuan to 1 US dollar, 7.8992 yuan to 1 euro, 5.0171 yuan to 100 yen, 0.92065 yuan to 1 Hong Kong dollar, 9.1965 yuan to 1 pound, 4.8231 yuan to 1 Australian dollar, 4.4418 yuan to 1 New Zealand dollar, 5.3546 yuan to 1 Singapore dollar, 8.0918 yuan to 1 Swiss franc, 5.4685 yuan to 1 Canadian dollar, 0.64398 ringgit to 1 yuan to 12.2072 Russian ruble, 2.6017 South African rand to 1 yuan to 181.57 Korean won, 0.50683 UAE dirham to 1 yuan to 0.51761 Saudi riyal, 47.1264 Hungarian forint to 1 yuan RMB 1 to 0.56105 Polish zloty, RMB 1 to 0.9421 Danish kroner, RMB 1 to 1.4899 Swedish kroner, RMB 1 to 1.4840 Norwegian kroner, RMB 1 to 3.59272 Turkish lira, RMB 1 to 2.3637 Mexican pesos, RMB 1 to 4.8739 baht.

    China Foreign Exchange Trading Center

    July 3, 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.