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    On November 10, 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 November 10, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 7.1771 yuan to 1 US dollar, 7.6917 yuan to 1 euro, 4.7744 yuan to 100 yen, 0.91928 yuan to 1 Hong Kong dollar, 8.8153 yuan to 1 pound, 4.5961 yuan to 1 Australian dollar, 4.2627 yuan to 1 New Zealand dollar, 5.2964 yuan to 1 Singapore dollar, 7.9891 yuan to 1 Swiss franc, 5.2281 yuan to 1 Canadian dollar, 0.65494 ringgit to 1 yuan to 12.7010 Russian ruble, 2.5924 South African rand to 1 yuan to 181.58 Korean won, 0.50985 UAE dirham to 1 yuan to 0.52069 Saudi riyal, 49.4657 Hungarian forint to 1 yuan RMB 1 to 0.57889 Polish zloty, RMB 1 to 0.9721 Danish kroner, RMB 1 to 1.5145 Swedish kroner, RMB 1 to 1.5562 Norwegian kroner, RMB 1 to 3.95943 Turkish lira, RMB 1 to 2.4794 Mexican peso, RMB 1 to 4.9355 Thai baht.

    China Foreign Exchange Trading Center

    November 10, 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.