This is the spot foreign exchange rate of the Bank of China:

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According to today's foreign exchange rate, 100 can be converted into RMB: 950.24 (cash selling price).

Therefore, RMB 100 is converted into British pounds today:100/950.24×100 =10.52 (yuan).

Note: RMB is converted into foreign currency according to the cash selling price;

Converting foreign currency into RMB is at the buying price of cash.