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    On September 25, 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 September 25, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 7.1727 yuan to 1 US dollar, 7.6776 yuan to 1 euro, 4.8729 yuan to 100 yen, 0.91755 yuan to 1 Hong Kong dollar, 8.8285 yuan to 1 pound, 4.6515 yuan to 1 Australian dollar, 4.3120 yuan to 1 New Zealand dollar, 5.2746 yuan to 1 Singapore dollar, 7.9504 yuan to 1 Swiss franc, 5.3558 yuan to 1 Canadian dollar, 0.65331 ringgit to 1 yuan to 13.2921 Russian ruble, 2.6062 South African rand to 1 yuan to 184.05 Korean won, 0.51082 United Arab Emirates dirham to 1 yuan to 0.52113 Saudi riyal to 1 yuan to 50.8802 Hungarian forint RMB 1 to 0.60269 Polish zloty, RMB 1 to 0.9741 Danish kroner, RMB 1 to 1.5432 Swedish kroner, RMB 1 to 1.4920 Norwegian kroner, RMB 1 to 3.77435 Turkish lira, RMB 1 to 2.3968 Mexican peso, RMB 1 to 4.9718 baht.

    China Foreign Exchange Trading Center

    September 25, 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.