Current location - Loan Platform Complete Network - Foreign exchange account opening - A question of money, may I ask: for China, the US dollar is China's foreign exchange; On the contrary, for the United States, can RMB still be the foreign exchange of the United States?
A question of money, may I ask: for China, the US dollar is China's foreign exchange; On the contrary, for the United States, can RMB still be the foreign exchange of the United States?
The US dollar is China's foreign exchange, while the RMB can only be counted as foreign currency in the United States, not as foreign exchange. Because the RMB is not an internationally accepted settlement currency, it cannot be circulated and exchanged around the world like the US dollar. But one day, the RMB may also become an international settlement currency like the US dollar and the Euro.