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    On September 28, 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 28, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 7.1798 yuan to 1 US dollar, 7.5849 yuan to 1 euro, 4.8398 yuan to 100 yen, 0.91763 yuan to 1 Hong Kong dollar, 8.7667 yuan to 1 pound, 4.5934 yuan to 1 Australian dollar, 4.2929 yuan to 1 New Zealand dollar, 5.2599 yuan to 1 Singapore dollar, 7.8454 yuan to 1 Swiss franc, 5.3558 yuan to 1 Canadian dollar, 0.65502 ringgit to 1 yuan to 13.3506 Russian ruble, 2.6650 South African rand to 1 yuan to 186.06 Korean won, 0.50976 UAE dirham to 1 yuan to 0.52061 Saudi riyal, 52.0185 Hungarian forint to 1 yuan RMB 1 to 0.61482 Polish zloty, RMB 1 to 0.9864 Danish kroner, RMB 1 to 1.5326 Swedish kroner, RMB 1 to 1.4909 Norwegian kroner, RMB 1 to 3.79177 Turkish lira, RMB 1 to 2.4654 Mexican peso, RMB 1 to 5.0469 baht.

    China Foreign Exchange Trading Center

    September 28, 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.