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Economy

The midpoint of the Chinese yuan against the US dollar was reported at 7.0943 yuan, with a 32 basis point increase

2024-03-18   

According to the website of the People's Bank of China, the People's Bank of China has authorized the China Foreign Exchange Trading Center to announce that on March 18, 2024, the central parity rate of the RMB exchange rate in the interbank foreign exchange market was 7.0943 yuan per US dollar, and the central parity rate of the RMB exchange rate on the previous trading day was 7.0975 yuan per US dollar. 1 euro to RMB 7.7559, 100 yen to RMB 4.7895, 1 Hong Kong dollar to RMB 0.90696, 1 pound to RMB 9.0725, 1 Australian dollar to RMB 4.6792, 1 New Zealand dollar to RMB 4.3458, 1 Singapore dollar to RMB 5.3219, 1 Swiss franc to RMB 8.0665, 1 Canadian dollar to RMB 5.2656, 1 yuan to RMB 1.1366 Macau dollars, and 1 yuan to RMB 0.66267 Ringgit, RMB 1 to 12.9608 Russian rubles, RMB 1 to 2.6358 South African rand, RMB 1 to 186.00 Korean won, RMB 1 to 0.51559 UAE dirhams, RMB 1 to 0.52652 Saudi riyals, RMB 1 to 50.8069 Hungarian forint, RMB 1 to 0.55608 Polish zloty, RMB 1 to 0.9641 Danish kroner, RMB 1 to 1.4541 Swedish kroner, and RMB 1 to 1.4915 Norwegian kroner, RMB 1 to 4.51672 Türkiye lira, RMB 1 to 2.3545 Mexican pesos, and RMB 1 to 5.0166 Baht. (Lai Xin She)

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