1 JPY = 0.066834 1 CNY
1 CNY = 14.9624
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China Bank handles foreign currency exchange and exchange business and becomes a professional bank for foreign currency exchange business.
Guo Zhaoyang, chief financial planner of Guangzhou Branch of China Everbright Bank, suggested that investors should not blindly sell foreign currency, but should have sufficient reasons. Although China has relaxed its foreign exchange policy many times, and the amount of foreign exchange purchased by residents can reach 20,000 US dollars per year, China's current foreign exchange management policy is still tilted towards the exchange of foreign exchange and RMB. It is easy to change foreign currency into RMB, but it is not so convenient and easy to change RMB into foreign currency. It is particularly noteworthy that there is a big gap between RMB and foreign currency in the savings interest rate and the income of wealth management products.
For foreign exchange holders who want to study or travel abroad at present, it is even more difficult to convert their foreign currency into RMB, because it is very troublesome to get it back. It is better to hold foreign exchange, do some short-term foreign exchange transactions, and keep the liquidity and appreciation of funds as much as possible. For those who don't go abroad, they can buy wealth management products with a short term but relatively considerable income.