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    On November 15, 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 15, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 7.1752 yuan to 1 US dollar, 7.8152 yuan to 1 euro, 4.7840 yuan to 100 yen, 0.91926 yuan to 1 Hong Kong dollar, 8.9747 yuan to 1 pound, 4.6697 yuan to 1 Australian dollar, 4.3217 yuan to 1 New Zealand dollar, 5.3269 yuan to 1 Singapore dollar, 8.0821 yuan to 1 Swiss franc, 5.2479 yuan to 1 Canadian dollar, 0.65431 ringgit to 1 yuan to 12.6084 Russian ruble, 2.5396 South African rand to 1 yuan to 181.63 Korean won, 0.51225 United Arab Emirates dirham to 1 yuan to 0.52309 Saudi riyal to 1 yuan to 48.2934 Hungarian forint RMB 1 to 0.56531 Polish zloty, RMB 1 to 0.9570 Danish kroner, RMB 1 to 1.4741 Swedish kroner, RMB 1 to 1.5156 Norwegian kroner, RMB 1 to 3.99507 Turkish lira, RMB 1 to 2.4233 Mexican peso, RMB 1 to 4.9391 Thai baht.

    China Foreign Exchange Trading Center

    November 15, 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.