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    On September 12, 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 12, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 1 US dollar to RMB 7.1986, 1 euro to RMB 7.7952, 100 yen to RMB 4.9573, 1 Hong Kong dollar to RMB 0.91894, 1 pound to RMB 9.0706, 1 Australian dollar to RMB 4.6677, 1 New Zealand dollar to RMB 4.3000, 1 Singapore dollar to RMB 5.3336, 1 Swiss franc to RMB 8.1368, 1 Canadian dollar to RMB 5.3481, RMB 1 to RMB 0.65003 ringgit, RMB 1 to 13.2205 Russian ruble, RMB 1 to 2.6080 South African rand, RMB 1 to 182.31 Korean won, RMB 1 to 0.50705 UAE dirham, RMB 1 to 0.51777 Saudi riyal, RMB 1 to 49.4317 Hungarian forint RMB 1 to 0.59789 Polish zloty, RMB 1 to 0.9562 Danish kroner, RMB 1 to 1.5287 Swedish kroner, RMB 1 to 1.4660 Norwegian kroner, RMB 1 to 3.71740 Turkish lira, RMB 1 to 2.3965 Mexican peso, RMB 1 to 4.8787 baht.

    China Foreign Exchange Trading Center

    September 12, 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.