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    On August 9, 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 August 9, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.1588 yuan to 1 US dollar, 7.8984 yuan to 1 euro, 5.0389 yuan to 100 yen, 0.91613 yuan to 1 Hong Kong dollar, 9.1887 yuan to 1 pound, 4.7172 yuan to 1 Australian dollar, 4.3734 yuan to 1 New Zealand dollar, 5.3520 yuan to 1 Singapore dollar, 8.2349 yuan to 1 Swiss franc, 5.3764 yuan to 1 Canadian dollar, 0.63653 ringgit to 1 yuan to 13.4144 Russian ruble, 2.6242 South African rand to 1 yuan to 182.41 Korean won, 0.50932 UAE dirham to 1 yuan to 0.52027 Saudi riyal, 49.3607 Hungarian forint to 1 yuan RMB 1 to 0.56450 Polish zloty, RMB 1 to 0.9421 Danish kroner, RMB 1 to 1.4855 Swedish kroner, RMB 1 to 1.4231 Norwegian kroner, RMB 1 to 3.75156 Turkish lira, RMB 1 to 2.3740 Mexican pesos, RMB 1 to 4.8507 Thai baht.

    China Foreign Exchange Trading Center

    August 9, 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.