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    On October 23, 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 October 23, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 7.1792 yuan to 1 US dollar, 7.6378 yuan to 1 euro, 4.8234 yuan to 100 yen, 0.91739 yuan to 1 Hong Kong dollar, 8.7696 yuan to 1 pound, 4.5647 yuan to 1 Australian dollar, 4.2208 yuan to 1 New Zealand dollar, 5.2649 yuan to 1 Singapore dollar, 8.0798 yuan to 1 Swiss franc, 5.2696 yuan to 1 Canadian dollar, 0.66105 ringgit to 1 yuan to 13.2260 Russian ruble, 2.6386 South African rand to 1 yuan to 186.44 Korean won, 0.51024 UAE dirham to 1 yuan to 0.52102 Saudi riyal, 50.2829 Hungarian forint to 1 yuan RMB 1 to 0.58625 Polish zloty, RMB 1 to 0.9804 Danish kroner, RMB 1 to 1.5221 Swedish kroner, RMB 1 to 1.5345 Norwegian kroner, RMB 1 to 3.89133 Turkish lira, RMB 1 to 2.5396 Mexican pesos, RMB 1 to 5.0421 Thai baht.

    China Foreign Exchange Trading Center

    October 23, 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.