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    On September 7, 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 September 7, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.1986 yuan to 1 US dollar, 7.8120 yuan to 1 euro, 4.9501 yuan to 100 yen, 0.91788 yuan to 1 Hong Kong dollar, 9.1070 yuan to 1 pound, 4.6587 yuan to 1 Australian dollar, 4.2934 yuan to 1 New Zealand dollar, 5.3478 yuan to 1 Singapore dollar, 8.1760 yuan to 1 Swiss franc, 5.3595 yuan to 1 Canadian dollar, 0.64560 ringgit to 1 yuan to 13.4329 Russian ruble, 2.6392 South African rand to 1 yuan to 182.41 Korean won, 0.50402 UAE dirham to 1 yuan to 0.51471 Saudi riyal, 49.8911 Hungarian forint to 1 yuan RMB 1 to 0.58567 Polish zloty, RMB 1 to 0.9509 Danish kroner, RMB 1 to 1.5232 Swedish kroner, RMB 1 to 1.4651 Norwegian kroner, RMB 1 to 3.68360 Turkish lira, RMB 1 to 2.4233 Mexican pesos, RMB 1 to 4.8611 baht.

    China Foreign Exchange Trading Center

    September 7, 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.