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    On November 13, 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 13, 2023, the interbankforeign exchange marketThe central parity rate of the RMB is 7.1769 yuan to 1 US dollar, 7.7042 yuan to 1 euro, 4.7693 yuan to 100 yen, 0.91882 yuan to 1 Hong Kong dollar, 8.8163 yuan to 1 pound, 4.5950 yuan to 1 Australian dollar, 4.2638 yuan to 1 New Zealand dollar, 5.2956 yuan to 1 Singapore dollar, 7.9816 yuan to 1 Swiss franc, 5.2292 yuan to 1 Canadian dollar, 0.65587 ringgit to 1 yuan to 12.7781 Russian ruble, 2.6051 South African rand to 1 yuan to 181.99 Korean won, 0.51029 UAE dirham to 1 yuan to 0.52110 Saudi riyal, 49.1481 Hungarian forint to 1 yuan RMB 1 to 0.57701 Polish zloty, RMB 1 to 0.9706 Danish kroner, RMB 1 to 1.5110 Swedish kroner, RMB 1 to 1.5420 Norwegian kroner, RMB 1 to 3.96134 Turkish lira, RMB 1 to 2.4597 Mexican pesos, RMB 1 to 4.9768 Thai baht.

    China Foreign Exchange Trading Center

    13 November 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.