Tag: currency
Introduction of the Fifth Set of RMB Banknote Patterns
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Each denomination of the fifth set of RMBÂ 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
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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?
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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?
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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?
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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...
Foreign exchange swap trading and foreign exchange futures trading
foreign exchange swap transaction refers to that in foreign exchange transactions , a transaction includes both spot foreign exchange transactions and forward foreign exchange...
Yen cautiously sees further upside
Today on Tuesday (July 5th), the dollar and yen opened at 135.66 and closed at 135.69 yesterday. So far, the highest has hit 136.36...
EURUSD near five-year low amid recession fears
Today on Tuesday (July 5th), the euro and the dollar opened at 1.0422, and closed at 1.0423 yesterday. So far, the highest has touched...
Markets have lowered expectations for U.S. rate hikes, dollar rises
Today on Tuesday (July 5th), the us dollar opened at 105.20 and closed at 105.18 yesterday. So far, the highest has touched 105.21 and...
Europe and the United States stand on the edge of stagflation, the European Central Bank raises interest rates or drags down the dollar
Today on Tuesday (July 5th), the us dollar opened at 105.20 and closed at 105.18 yesterday. So far, the highest has touched 105.21 and...