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    On September 8, 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 8, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.2150 yuan to 1 US dollar, 7.8069 yuan to 1 euro, 4.9753 yuan to 100 yen, 0.92064 yuan to 1 Hong Kong dollar, 9.1040 yuan to 1 pound, 4.6635 yuan to 1 Australian dollar, 4.3053 yuan to 1 New Zealand dollar, 5.3504 yuan to 1 Singapore dollar, 8.1771 yuan to 1 Swiss franc, 5.3523 yuan to 1 Canadian dollar, 0.64504 ringgit to 1 yuan to 13.4291 Russian ruble, 2.6283 South African rand to 1 yuan to 182.09 Korean won, 0.50310 United Arab Emirates dirham to 1 yuan to 0.51376 Saudi riyal, 49.6599 Hungarian forint to 1 yuan RMB 1 to 0.59316 Polish zloty, RMB 1 to 0.9516 Danish kroner, RMB 1 to 1.5249 Swedish kroner, RMB 1 to 1.4614 Norwegian kroner, RMB 1 to 3.68283 Turkish lira, RMB 1 to 2.4212 Mexican peso, RMB 1 to 4.8619 baht.

    China Foreign Exchange Trading Center

    September 8, 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.