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Foreign exchange rate: I change dollars into RMB. Should I buy or sell?
Personally, it's obviously selling dollars to buy RMB. This behavior is called settlement of foreign exchange.

You correspond to the buying price of the bank's foreign exchange quotation, because compared with the bank, it buys dollars and sells RMB. There are two prices in the bank's foreign exchange quotation, one is the spot rate and the other is the spot rate. If you are holding a one-dollar bill now, it should correspond to the buying price of cash.

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