Q in the Bank of China to check the real time exchange rate, whether to see the bid price or benchmark prices?
A check the dollar's real exchange rate against the renminbi should look at the benchmark price.
Usually, the bank will show the bid price and the selling price between the two currencies at the time of the offer, in which the bid refers to the quotation of a currency after the bank buys the previous currency. If the bank reported USD/JPY cash purchase price is 124.00, that is, 1 U.S. dollars = 124.00 yen to buy dollars to sell yen.
The same is true in the exchange rate of RMB, such as the 100 U.S. dollars to the renminbi purchase price is 781.85, it expressed the implication is that the bank to buy 100 U.S. dollars to customers to exchange 781.85 yuan.
Http://www.safe.gov.cn/model_safe/index.html
Go to the State administration of foreign exchange www.safe.gov.cn can inquire, authority ah, I also found that really good AH
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