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    On November 9, 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 9, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.1772 yuan to 1 US dollar, 7.7143 yuan to 1 euro, 4.7843 yuan to 100 yen, 0.91835 yuan to 1 Hong Kong dollar, 8.8514 yuan to 1 pound, 4.6212 yuan to 1 Australian dollar, 4.2708 yuan to 1 New Zealand dollar, 5.3065 yuan to 1 Singapore dollar, 8.0151 yuan to 1 Swiss franc, 5.2287 yuan to 1 Canadian dollar, 0.65275 ringgit to 1 yuan to 12.7154 Russian ruble, 2.5693 South African rand to 1 yuan to 181.27 Korean won, 0.51050 UAE dirham to 1 yuan to 0.52135 Saudi riyal, 49.3176 Hungarian forint to 1 yuan RMB 1 to 0.57779 Polish zloty, RMB 1 to 0.9688 Danish kroner, RMB 1 to 1.5114 Swedish kroner, RMB 1 to 1.5511 Norwegian kroner, RMB 1 to 3.96256 Turkish lira, RMB 1 to 2.4438 Mexican pesos, RMB 1 to 4.9202 Thai baht.

    China Foreign Exchange Trading Center

    November 9, 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.