China Foreign Exchange Trading Center recently announced that RMB will be directly traded against the euro in the inter-bank foreign exchange market from September 30th, which is the sixth major currency in the world to trade directly with RMB after the US dollar, Japanese yen, Australian dollar, New Zealand dollar and British pound.

The announcement of the foreign exchange trading center pointed out that the opening of this business means that the central parity of the RMB against the euro has been calculated on the basis of the central parity of the RMB against the US dollar and the exchange rate of the US dollar against the euro on that day, and it has been calculated on the basis of the quotation of the direct trading market maker.

That is, China Foreign Exchange Trading Center makes an inquiry to the market makers who directly trade RMB against Euro in the inter-bank foreign exchange market before the daily opening, and averages the quotations of the market makers who directly trade RMB against Euro to get the central parity of RMB against Euro on that day.

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Most institutions can provide exchange services for US dollars, euros, Japanese yen, Hong Kong dollars and British pounds. Bank outlets in China can also provide exchange services for Swiss francs, Singapore dollars, Swedish krona, Danish krona, Norwegian krona, Canadian dollars, Australian dollars, Macao dollars, Philippine pesos, Thai baht and Korean won.

You can go to the money exchange service agency with valid identity documents. The exchange agency will issue you an exchange memo, including your name, nationality, certificate type and code, exchange date, exchange currency and quotation. The exchange memo is valid for 24 months.

When it is necessary to convert the unused RMB into foreign currency cash, you can go to the currency exchange service agency with valid identity documents. Among them, the exchange business that does not exceed $65,438+0,000 yuan per person per day can be handled outside the customs, and it is $500 elsewhere. The exchange of more than the above amount requires you to provide an exchange memo, which can only be handled at bank outlets.

People's Network-RMB and Euro can be directly exchanged.

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