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    On November 17, 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 November 17, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 7.1728 yuan to 1 US dollar, 7.8057 yuan to 1 euro, 4.7801 yuan to 100 yen, 0.91988 yuan to 1 Hong Kong dollar, 8.9178 yuan to 1 pound sterling, 4.6565 yuan to 1 Australian dollar, 4.3000 yuan to 1 New Zealand dollar, 5.3343 yuan to 1 Singapore dollar, 8.0956 yuan to 1 Swiss franc, 5.2319 yuan to 1 Canadian dollar, 0.65305 ringgit to 1 yuan to 12.4017 Russian ruble, 2.5585 South African rand to 1 yuan to 179.79 Korean won, 0.51126 UAE dirham to 1 yuan to 0.52201 Saudi riyal, 48.3916 Hungarian forint to 1 yuan RMB 1 to 0.56155 Polish zloty, RMB 1 to 0.9574 Danish kroner, RMB 1 to 1.4719 Swedish kroner, RMB 1 to 1.5211 Norwegian kroner, RMB 1 to 3.99418 Turkish lira, RMB 1 to 2.4038 Mexican pesos, RMB 1 to 4.8872 baht.

    China Foreign Exchange Trading Center

    November 17, 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.