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    On November 21, 2022, the China Foreign Exchange Trading Center was authorized to announce the central parity of the RMB exchange rate

    On November 21, 2022, the China Foreign Exchange Trading Center was authorized to announce the central parity of the RMB exchange rate (Figure 1).

    The People's Bank of China authorized the China Foreign Exchange Trading Center to announce that on November 21, 2022, the interbankforeign exchange marketThe central parity rate of the RMB is 7.1256 yuan to 1 US dollar, 7.3551 yuan to 1 euro, 5.0770 yuan to 100 yen, 0.91108 yuan to 1 Hong Kong dollar, 8.4654 yuan to 1 pound, 4.7565 yuan to 1 Australian dollar, 4.3837 yuan to 1 New Zealand dollar, 5.1809 yuan to 1 Singapore dollar, 7.4680 yuan to 1 Swiss franc, 5.3252 yuan to 1 Canadian dollar, 0.64050 ringgit to 1 yuan to 8.4632 Russian ruble, 2.4185 South African rand to 1 yuan to 188.29 Korean won, 0.51556 UAE dirham to 1 yuan to 0.52759 Saudi riyal, 55.3841 Hungarian forint to 1 yuan RMB 1 to 0.63973 Polish zloty, RMB 1 to 1.0113 Danish kroner, RMB 1 to 1.4939 Swedish kroner, RMB 1 to 1.4293 Norwegian kroner, RMB 1 to 2.61468 Turkish lira, RMB 1 to 2.7317 Mexican peso, RMB 1 to 5.0262 baht.



    China Foreign Exchange Trading Center

    November 21, 2022

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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.