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    On July 7, 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 7, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 7.2054 yuan to 1 US dollar, 7.8869 yuan to 1 euro, 5.0303 yuan to 100 yen, 0.92095 yuan to 1 Hong Kong dollar, 9.2266 yuan to 1 pound, 4.8020 yuan to 1 Australian dollar, 4.4646 yuan to 1 New Zealand dollar, 5.3539 yuan to 1 Singapore dollar, 8.0879 yuan to 1 Swiss franc, 5.4200 yuan to 1 Canadian dollar, 0.64400 ringgit to 1 yuan to 12.5731 Russian ruble, 2.6365 South African rand to 1 yuan to 180.39 Korean won, 0.50701 UAE dirham to 1 yuan to 0.51787 Saudi riyal, 48.8813 Hungarian forint to 1 yuan RMB 1 to 0.56823 Polish zloty, RMB 1 to 0.9441 Danish kroner, RMB 1 to 1.5095 Swedish kroner, RMB 1 to 1.4853 Norwegian kroner, RMB 1 to 3.61130 Turkish lira, RMB 1 to 2.3785 Mexican peso, RMB 1 to 4.8567 baht.

    China Foreign Exchange Trading Center

    July 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.