Current location - Loan Platform Complete Network - Foreign exchange account opening - RMB * exchange rate = USD amount, right?
RMB * exchange rate = USD amount, right?
Not necessarily.

There are two signs of exchange rate, take the US dollar as an example.

USD/RMB =6.3, then RMB/USD = 1/6.3.

That is, RMB exchange = RMB * RMB/USD.

Also, RMB exchange = RMB/(USD/RMB)

In our country, it is generally marked with USD/RMB, and RMB exchange = RMB/(USD/RMB).

Related articles
  • What's the difference between offshore RMB and onshore RMB?
  • What is the global financial crisis? What is the subprime mortgage crisis? What impact will they have? Need details, thank you!
  • What currency is used in Denmark?
  • Several counties in Huai 'an have foreign exchange sub-bureaus.
  • What is the relationship between foreign exchange reserves and treasury funds?
  • The final outcome of Wang Mingzhu.
  • Advantages of Taiping Life Insurance Company
  • Excuse me, what is the maximum amount of pre-settlement of foreign exchange in China Bank?
  • Foreign exchange knowledge learning
  • Foreign exchange capital strength

    • copyright 2024 Loan Platform Complete Network All rights reserved