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    On August 30, 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 30, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 1 US dollar to RMB 7.1816, 1 euro to RMB 7.8966, 100 yen to RMB 4.9870, 1 Hong Kong dollar to RMB 0.91523, 1 pound to RMB 9.1690, 1 Australian dollar to RMB 4.7072, 1 New Zealand dollar to RMB 4.3436, 1 Singapore dollar to RMB 5.3883, 1 Swiss franc to RMB 8.2563, 1 Canadian dollar to RMB 5.3663, RMB 1 to RMB 0.64190 ringgit, RMB 1 to 13.1169 Russian ruble, RMB 1 to 2.5496 South African rand, RMB 1 to 181.54 Korean won, RMB 1 to 0.50628 UAE dirham, RMB 1 to 0.51709 Saudi riyal, RMB 1 to 48.3765 Hungarian forint RMB 1 to 0.56670 Polish zloty, RMB 1 to 0.9420 Danish kroner, RMB 1 to 1.4975 Swedish kroner, RMB 1 to 1.4544 Norwegian kroner, RMB 1 to 3.66162 Turkish lira, RMB 1 to 2.3244 Mexican pesos, RMB 1 to 4.8165 baht.

    China Foreign Exchange Trading Center

    August 30, 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.