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Which is more cost-effective to exchange euros or dollars now?
Speaking of exchange, it is definitely cost-effective to exchange the euro, because the euro is depreciating against the RMB now, so it only needs less RMB to exchange the same euro.

However, from the perspective of collection and preservation, it is cost-effective to exchange dollars, because there is still room for appreciation of dollars in the future, so there is still room for appreciation of dollars in hand.