Can domestic land transport exchange foreign currency crazily?
Domestic land transportation can't exchange foreign currency crazily. The circulation of foreign currency is prohibited in People's Republic of China (PRC), and it is not allowed to be denominated and settled in foreign currency unless otherwise stipulated by the state. Payment between domestic companies can only be made in RMB. If both parties have offshore companies, they can conduct foreign exchange settlement through their offshore companies. It is also convenient to operate.