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    On November 14, 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 14, 2023, the interbankforeign exchange marketThe central parity of the RMB exchange rate is 7.1768 yuan to 1 US dollar, 7.7102 yuan to 1 euro, 4.7629 yuan to 100 yen, 0.91902 yuan to 1 Hong Kong dollar, 8.8490 yuan to 1 pound, 4.6026 yuan to 1 Australian dollar, 4.2523 yuan to 1 New Zealand dollar, 5.2976 yuan to 1 Singapore dollar, 7.9944 yuan to 1 Swiss franc, 5.2252 yuan to 1 Canadian dollar, 0.65600 ringgit to 1 yuan to 12.7043 Russian ruble, 2.6008 South African rand to 1 yuan to 182.89 Korean won, 0.51056 UAE dirham to 1 yuan to 0.52138 Saudi riyal, 49.1393 Hungarian forint to 1 yuan RMB 1 to 0.57672 Polish zloty, RMB 1 to 0.9702 Danish kroner, RMB 1 to 1.5039 Swedish kroner, RMB 1 to 1.5384 Norwegian kroner, RMB 1 to 3.97523 Turkish lira, RMB 1 to 2.4557 Mexican peso, RMB 1 to 4.9782 baht.

    China Foreign Exchange Trading Center

    November 14, 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.