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    On July 6, 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 July 6, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 7.2098 yuan to 1 US dollar, 7.8641 yuan to 1 euro, 5.0176 yuan to 100 yen, 0.92208 yuan to 1 Hong Kong dollar, 9.2035 yuan to 1 pound, 4.8241 yuan to 1 Australian dollar, 4.4784 yuan to 1 New Zealand dollar, 5.3545 yuan to 1 Singapore dollar, 8.0633 yuan to 1 Swiss franc, 5.4563 yuan to 1 Canadian dollar, 0.64243 ringgit to 1 yuan to 12.5317 Russian ruble, 2.5941 South African rand to 1 yuan to 179.73 Korean won, 0.50670 UAE dirham to 1 yuan to 0.51750 Saudi riyal, 48.3836 Hungarian forint to 1 yuan RMB 1 to 0.56739 Polish zloty, RMB 1 to 0.9465 Danish kroner, RMB 1 to 1.5110 Swedish kroner, RMB 1 to 1.4730 Norwegian kroner, RMB 1 to 3.59946 Turkish lira, RMB 1 to 2.3459 Mexican peso, RMB 1 to 4.8228 baht.

    China Foreign Exchange Trading Center

    July 6, 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.