88 rmb to usd

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The renminbi is issued by the People's Bank of China , the monetary authority of China. Until , the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as The Chinese government has announced that it will gradually increase the flexibility of the exchange rate.

88 rmb to usd

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods. These are the average exchange rates of these two currencies for the last 30 and 90 days. These percentages show how much the exchange rate has fluctuated over the last 30 and day periods. The currency code for Euros is EUR. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Check live rates, send money securely, set rate alerts, receive notifications and more.

Retrieved 10 October Send money online fast, secure and easy. More Chinese Yuan Renminbi info.

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Search markets. News The word News. My Watchlist. Business Insider logo The words "Business Insider". Conversion from Chinese Renminbi yuan to United States dollar. The Markets Insider currency calculator offers a currency conversion from Chinese Renminbi yuan to United States dollar within seconds. Vacationers in China can make conversions at the current exchange rate. The currency calculator provides an ideal tool for investors investing in international stock exchanges with different currencies. Conversion from Chinese Renminbi yuan to United States dollar can be done at current rates as well as at historical rates — to do this, select the desired exchange rate date. Additionally, the currency calculator shows the closing rate of the previous day as well as the highest and lowest rates of the conversion Chinese Renminbi yuan - United States dollar.

88 rmb to usd

Review historical currency rates. With this convenient tool you can review market history and analyse rate trends for any currency pair. All charts are interactive, use mid-market rates, and are available for up to a year time period. To see a currency chart, select your two currencies, choose a time frame, and click to view. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Need to know when a currency hits a specific rate?

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Retrieved 18 March Renminbi is sometimes referred to as the "redback", a play on "greenback", a slang term for the US dollar. It was issued only in paper form at first, and replaced the various currencies circulating in the areas controlled by the Communists. Mints are located in Nanjing , Shanghai, and Shenyang. The denomination and the words "People's Bank of China" are also printed in Mongolian , Tibetan , Uyghur and Zhuang on the back of each banknote, in addition to the boldface Hanyu Pinyin "Zhongguo Renmin Yinhang" without tones. View full chart. Archived from the original on 6 July Archived from the original on 16 March Archived from the original on 27 September The denomination of each banknote is printed in simplified written Chinese. Retrieved 10 September Archived from the original PDF on 27 July Average These are the average exchange rates of these two currencies for the last 30 and 90 days. Download the Xe App Check live rates, send money securely, set rate alerts, receive notifications and more.

Check live foreign currency exchange rates. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history.

Standard Catalog of World Coins : — 18th ed. Cheung, Yin-Wong In: Weekly Report. High These are the highest points the exchange rate has been at in the last 30 and day periods. Unsourced material may be challenged and removed. Retrieved 14 July Article Talk. The patents, seen and verified by the Financial Times , include proposals related to the issuance and supply of a central bank digital currency, a system for interbank settlements that uses the currency, and the integration of digital currency wallets into existing retail bank accounts. In his article, he narrated that "Weak trade data out of China, released over the weekend, weighed on the currencies of Australia and New Zealand on Monday. The Financial Times.