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The purchase of foreign exchange by banks
This is the calculation result.

The landlord has seen a column called selling price in the exchange rate table, right?

For example, today's euro.

The selling price of China Bank is 98 1.

In other words, 100 euros can only be bought from the bank at Bank of China with RMB 98 1.

If you want to buy 500 euros.

Precisely

98 1 block times 5

That's 500 euros and 4905 RMB.

If you want to change euros into RMB in the future

According to the purchase price.

When I bought foreign exchange, I changed it into RMB at the current exchange rate.

The cash you bought is converted into RMB at the current price.

in addition

The spot exchange rate is more than cash.

The selling price of the bank is a little higher than the buying price of cash.

This is the bank's profit.

5,000 RMB to Euro

If it is foreign exchange, you can record a small amount of money.

If it's cash

Domestic banks generally do not have such coins.

The extra money should still be accounted for in RMB.