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    On November 23, 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 23, 2023, the interbankforeign exchange marketThe central parity rate of the RMB exchange rate is 1 US dollar to RMB 7.1212, 1 euro to RMB 7.7738, 100 yen to RMB 4.7785, 1 Hong Kong dollar to RMB 0.91329, 1 pound to RMB 8.9220, 1 Australian dollar to RMB 4.6739, 1 New Zealand dollar to RMB 4.3030, 1 Singapore dollar to RMB 5.3233, 1 Swiss franc to RMB 8.0800, 1 Canadian dollar to RMB 5.2184, RMB 1 to RMB 0.65507 ringgit, RMB 1 to 12.3505 Russian ruble, RMB 1 to 2.6445 South African rand, RMB 1 to 181.88 Korean won, RMB 1 to 0.51437 UAE dirham, RMB 1 to 0.52528 Saudi riyal, RMB 1 to 49.0258 Hungarian forint RMB 1 to 0.56204 Polish zloty, RMB 1 to 0.9589 Danish kroner, RMB 1 to 1.4674 Swedish kroner, RMB 1 to 1.5060 Norwegian kroner, RMB 1 to 4.03975 Turkish lira, RMB 1 to 2.4108 Mexican pesos, RMB 1 to 4.9319 baht.

    China Foreign Exchange Trading Center

    November 23, 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.