56,700.00 JPY Japanese Yen = 3,789.50 CNY Chinese Renminbi

1 JPY = 0.0668341 CNY

1 CNY = 14.9624 JPY

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Bank of China handles the incoming and outgoing foreign currency business and has become a professional bank in foreign currency exchange business.

Guo Zhaoyang, chief financial planner of Everbright Bank Guangzhou Branch, suggested that investors should not blindly sell foreign currencies for good reasons. Although our country has repeatedly relaxed its foreign exchange policy, and residents can purchase foreign exchange of up to 20,000 US dollars per year, our current foreign exchange management policy still favors the exchange between foreign exchange and RMB. It is easy to exchange foreign currency into RMB, but it is necessary to exchange RMB into RMB. Foreign exchange is not so convenient and easy. What deserves particular attention is that there is currently a big gap between RMB and foreign currencies in terms of savings interest rates and financial product returns.

For foreign exchange holders who are currently going to study abroad or travel, it is even more difficult to convert the foreign currency in their hands into RMB, because it will take a lot of trouble to exchange it back, so it is better to hold the foreign currency , do some medium and short-term foreign exchange transactions, so as to maintain the liquidity of funds and increase the value as much as possible. For those who do not go abroad, you can purchase financial products that do not last long but provide relatively substantial returns.