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    On August 15, 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 15, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 7.1768 yuan to 1 US dollar, 7.9013 yuan to 1 euro, 4.9890 yuan to 100 yen, 0.91765 yuan to 1 Hong Kong dollar, 9.1909 yuan to 1 pound, 4.7081 yuan to 1 Australian dollar, 4.3378 yuan to 1 New Zealand dollar, 5.3480 yuan to 1 Singapore dollar, 8.2527 yuan to 1 Swiss franc, 5.3939 yuan to 1 Canadian dollar, 0.64030 ringgit to 1 yuan to 13.6403 Russian ruble, 2.6339 South African rand to 1 yuan to 184.02 Korean won, 0.50673 United Arab Emirates dirham to 1 yuan to 0.51758 Saudi riyal, 48.6841 Hungarian forint to 1 yuan RMB 1 to 0.56324 Polish zloty, RMB 1 to 0.9408 Danish kroner, RMB 1 to 1.4892 Swedish kroner, RMB 1 to 1.4438 Norwegian kroner, RMB 1 to 3.73529 Turkish lira, RMB 1 to 2.3606 Mexican peso, RMB 1 to 4.8552 baht.

    China Foreign Exchange Trading Center

    August 15, 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.