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dollar price definition

The benchmark price of USD is only available in major currencies , such as USD, GBP , EURO , JPY , HKD , etc.   

Compared with cash, banks can save a certain amount of cash storage and overseas transportation costs, so the price can be higher. The selling price of cash and cash is the foreign exchange that the bank sells to the customer . Whether it is cash or cash, it cannot be paid directly in China at present. Therefore, if the customer has potential to pay overseas fees, the bank should give the same price.   

The buying price refers to the price at which the bank buys foreign exchange, and the selling price refers to the price at which the bank sells foreign exchange, and the difference is the bank’s income.