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    On August 14, 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 August 14, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 7.1686 yuan to 1 US dollar, 7.8988 yuan to 1 euro, 4.9992 yuan to 100 yen, 0.91701 yuan to 1 Hong Kong dollar, 9.1756 yuan to 1 pound, 4.6973 yuan to 1 Australian dollar, 4.3323 yuan to 1 New Zealand dollar, 5.3454 yuan to 1 Singapore dollar, 8.2447 yuan to 1 Swiss franc, 5.3883 yuan to 1 Canadian dollar, 0.63687 ringgit to 1 yuan to 13.7208 Russian ruble, 2.6171 South African rand to 1 yuan to 183.44 Korean won, 0.50803 UAE dirham to 1 yuan to 0.51897 Saudi riyal, 48.3990 Hungarian forint to 1 yuan RMB 1 to 0.56081 Polish zloty, RMB 1 to 0.9419 Danish kroner, RMB 1 to 1.4974 Swedish kroner, RMB 1 to 1.4422 Norwegian kroner, RMB 1 to 3.74259 Turkish lira, RMB 1 to 2.3510 Mexican peso, RMB 1 to 4.8507 Thai baht.

    China Foreign Exchange Trading Center

    August 14, 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.