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    On July 31, 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 31, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 1 US dollar to RMB 7.1305, 1 euro to RMB 7.8836, 100 yen to RMB 5.0802, 1 Hong Kong dollar to RMB 0.91437, 1 pound to RMB 9.1955, 1 Australian dollar to RMB 4.7640, 1 New Zealand dollar to RMB 4.4052, 1 Singapore dollar to RMB 5.3736, 1 Swiss franc to RMB 8.2228, 1 Canadian dollar to RMB 5.4008, RMB 1 to RMB 0.63696 ringgit, RMB 1 to 12.8455 Russian ruble, RMB 1 to 2.4663 South African rand, RMB 1 to RMB 178.38 Korean won, RMB 1 to RMB 0.51386 United Arab Emirates dirham, RMB 1 to 0.52429 Saudi riyal, RMB 1 to 48.7360 Hungarian forint RMB 1 to 0.55948 Polish zloty, RMB 1 to 0.9447 Danish kroner, RMB 1 to 1.4724 Swedish kroner, RMB 1 to 1.4244 Norwegian kroner, RMB 1 to 3.76295 Turkish lira, RMB 1 to 2.3320 Mexican pesos, RMB 1 to 4.7890 baht.

    China Foreign Exchange Trading Center

    July 31, 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.