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$500 face value picture

On the front of the $500 coupon is the "Prosperity President", a portrait of the 25th President of the United States, William McKinley (1843-1901). On...

Why does the dollar strengthen in bad times and good times?

Ever wonder why the U.S. dollar strengthens in bad times and good times? Well, others have similar doubts. In fact, a smart brother who...

What is the RMB? Introduction to RMB

What is the RMB? RMB is the legal tender of the People's Republic of China, its abbreviation is RMB; Currency code: CNY; The currency symbol...

Analysis of the advantages of Bitcoin, what is Bitcoin used for?

Cryptocurrency is also a very hot currency today, and among the cryptocurrencies, Bitcoin is undoubtedly the leader, commonly known as the "king of coins",...

Minority Characters on the Renminbi

Renminbi is the legal tender of the People's Republic of China and a symbol of national sovereignty. It is not only a general equivalent, but also a work...

Introduction of the Fifth Set of RMB Banknote Patterns

Each denomination of the fifth set of RMB features the head portrait of Comrade Mao Zedong in the early days of the founding of the...

How to Identify the Authenticity of 1953 3 Yuan Banknotes

The 1953 three-yuan note is a very rare renminbi in the second set of RMB , and it is the only one in China with a denomination of...

What is Offshore RMB?

Offshore RMB (CNH) is a transitional institutional arrangement before RMB is convertible under capital account. The Capital Account is for the CurrentAccount. Both are...

Is the Yuan a Safe Haven Currency?

In the wake of the conflict between Russia and Ukraine, the renminbi initially appeared as a safe-haven currency, but it was only an atypical...

What is Currency Speculation?

Fry foreign exchange to call foreign exchange security deposit trades again, sign an agreement with the bank, open trust investment account, deposit brushbrush capital...

The British pound has fallen 12% against the dollar in the face of internal and external troubles

Today on Thursday (July 7), the GBPUSD opened at 1.1924 and closed at 1.1920 yesterday. So far, the highest has touched 1.1930 and the...

Some basic concepts you need to understand when buying and selling Forex

Definition of forex foreign exchange refers to the simultaneous purchase of a certain currency and the sale of another currency in the over-the-counter market. Currency refers...

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