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3 thoughts on “wholesale stretch rings jewelry How much is RMB 500 billion in Hong Kong dollars”
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cheap trendy jewelry wholesale According to the exchange rate in August 2020, the Hong Kong dollar is. 03 yuan.
. Currency exchange:
Hong Kong dollars =. 03 RMB
. Exchange rate calculation method:
1, direct price method:
exchange rate depreciation rate = (old exchange rate / new exchange rate -1) ＊ 100
2, indirect price method method :
The exchange rate depreciation rate = (new exchange rate / old exchange rate -1) ＊ 100
extension information
exchange rate economy impact
(1) Impact on trade revenue and expenditure: exchange rate on the exchange rate on the exchange rate: Effects of import and export: The rising exchange rate (direct price method) can play a role in promoting exports and suppressing imports. (Rising foreign exchange rates, the exchange rate of local currency fell)
(2) Impact on non -trade revenue and expenditure
The impact on intangible trade revenue and expenditure: one country's currency exchange rate decline, foreign currency purchasing power increases, and low domestic products and labor services. The purchasing power of local currency decreases, and foreign goods and labor become expensive, which is conducive to the improvement of the country's tourism and other labor services.
Reference materials Source: State Foreign Exchange Administration -RMB exchange rate intermediate price
Reference materials Source: Baidu Encyclopedia -Exchange Rate
open public wholesale jewelry You can refer to the "real -time exchange rate" of China Merchants Bank's foreign exchange. Please enter the homepage of the China Merchants Bank and click on the "Foreign Exchange Real -time Exchange Rate" on the right to view. Please refer to the exchange rate at the actual exchange rate. If you need to query the historical exchange rate, click "View History" after the corresponding exchange rate. Note: 100 foreign currency against RMB; each bank's exchange rate is different, but the difference is not much.
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