Xinhua News Agency, Shanghai, July 23 (Reporter You Zhixin) According to data from the China Foreign Exchange Trading Center, the central parity of the RMB against the US dollar on the 23rd was reported at 6.9921, a decrease of 203 basis points from the previous trading day.
The People’s Bank of China authorized the China Foreign Exchange Trade System to announce that on July 23, 2020, the central parity of the RMB exchange rate in the inter-bank foreign exchange market is: 1 US dollar to RMB 6.9921, 1 Euro to RMB 8.0764, 100 Japanese Yen to RMB 6.5147, and 1 Hong Kong dollar. For RMB 0.90199, 1 British Pound to RMB 8.8893, 1 Australian Dollar to RMB 4.9855, 1 New Zealand Dollar to RMB 4.6500, 1 Singapore Dollar to RMB 5.0426, 1 Swiss Franc to RMB 7.5115, 1 Canadian Dollar to RMB 5.2054 Yuan, 1 Yuan to 0.60909 Malaysian Ringgit, 1 Yuan to 10.1733 Russian Ruble, 1 Yuan to 2.3560 South African Rand, 1 Yuan to 171.27 KRW, 1 Yuan to 0.52612 UAE Dirhams, 1 Yuan to RMB 1 0.53720 Saudi Riyals, RMB 1 to 43.0876 Hungarian Forints, RMB 1 to 0.54731 Polish Zloty, RMB 1 to 0.9214 Danish Krona, RMB 1 to 1.2706 Swedish Krona, RMB 1 to 1.3116 Norwegian Krona, RMB One yuan is equal to 0.98072 Turkish lira, one yuan is equal to 3.2029 Mexican pesos, and one yuan is equal to 4.5254 baht.
On the previous trading day, the central parity of the RMB exchange rate against the US dollar was reported at 6.9718.