5 thoughts on “Is the euro exchange of RMB to the bank to exchange?”

  1. No, you must exchange it at the bank -designated bank. It is illegal to exchange elsewhere.
    The foreign exchange exchange designated banks are various types of commercial banks that can operate foreign exchange exchange services, such as Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China and Construction Bank. Foreign currency exchange is illegal in foreign exchange exchange designated banks and legal foreign currency exchange points.
    The expansion information
    The euro and RMB
    I due to the influence of the European debt problem, it has always been undulating, but the corporate prosperity index of multiple countries is better than expected. And the euro got rid of the decline in May 2008, and the European Central Bank's resolution is undoubtedly the biggest focus of the market, and its results did not disappoint the market. Turning around, he has watched the euro market. The results of good Spain and Italian bonds also laid a good atmosphere for the euro trend. The bank wealth management believes that the benchmark interest rate of the euro zone country is close to zero, while the economic growth rate is negative. Therefore, the fundamental environment of the euro zone is still weak. It is expected that the euro exchange rate will remain in the fluctuation range, and the market market will still rise. Essence If the citizens are urgent to use the euro, it is recommended to buy more; if the euro will be used in the later period, it can temporarily hold currency to invest in other value -added channels, and when the euro fluctuates again.
    On September 29, 2014, with the authorization of the People's Bank of China, the China Foreign Exchange Trading Center announced that it will conduct direct RMB -to -euro transactions in the inter -bank foreign exchange market. Direct transactions of RMB to the euro are conducive to forming a direct exchange rate of RMB to the euro, reducing the cost of exchange for economic entities, and promoting the use of RMB and euro in bilateral trade investment. The People's Bank of China actively supports
    Thean -European Central Bank announced the opening of quantitative easing policies, which has been stimulated by this news, and the euro exchange rate has fallen. According to data from the China Foreign Exchange Trading Center, on January 23, 2015, the intermediate price of the RMB exchange rate of the inter -bank foreign exchange market was 6.9795 yuan for 1 euro, which fell 1409 basis points from the previous trading day. , Refresh the new low since the exchange reform.
    In May 2014, the euro has continued to be down the RMB, and the market is expected to continue to decline in the future. The reporter sorted out and found that taking the intermediate price of the euro as an example, since the recent high level of 8.5756 yuan on May 7, 2013, the euro has continued to depreciate all the way. As of May 2014 It has fallen by nearly 19%for more than 8 months.

  2. No, you must exchange it at the bank -designated bank. It is illegal to exchange elsewhere.
    The foreign exchange exchange designated banks are various types of commercial banks that can operate foreign exchange exchange services, such as Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China and Construction Bank. Foreign currency exchange is illegal in foreign exchange exchange designated banks and legal foreign currency exchange points.

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