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CNY/MYR Exchange Rate Charts

CNY 1.00 = MYR Reference Mid-Rate       Switch to /
Exchange Rates are different for International Bank Transfers Select
BestExchangeRates compares the latest Foreign Exchange Rates from Banks & leading Currency Brokers to find you the best deals for your International Bank Transfers. We provide quick currency converter calculators, up-to-date foreign exchange research, news, charts and reviews of foreign exchange brokers and online payment providers to help you choose which is best for your needs.

Daily Currency Market Commentary
Daily currency news provided by OzForex

The Greenback rally stalled overnight as investors reassessed positions after another series of mixed macroeconomic data announcements. Despite a dip in average unemployment claims existing home sales and manufacturing throughout the Mid-West both fell well short of analysts’ expectations prompting a reluctance to deepen long positions. The selloff saw the Euro move back through 1.11 as a stronger than anticipated Manufacturing read bolstered confidence in activity across the Eurozone. The 19 nation block unit found added support in a narrowing yield gap as German bunds rallied. The tapering spreads have helped fuel the Euros run back from decade lows at 1.05 and we saw intraday highs of 1.1181. The advance was however capped with markets avers to lengthen positions as the ECB prepares to flood the market printing more money to increase the pace of bond purchases throughout June. Attentions now turn to Central Bank Figureheads and Draghi and Yellen both front the wires while U.S CPI will act as the primary fundamental driver on the docket for Friday.
Data releases:
No Data
NZD: No Data
Monetary Policy Statement and BoJ Press Conference
GBP: Public Sector Net Borrowing, MPC Member Shafik and BoE Governor Carney Speaks    
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BER Notebook - FX Market Research & Currency News/Views from our Partners See more >>

BER Team
The Wall Street Journal.: Macro Horizons: As Yuan Keeps Rising, World Owes China Thanks. http://google.com/newsstand/s/CBIw15miliI
Posted on 14 May 2015 | 7:44 am
OzForex Research
Financial markets over the past year have been defined by diverging monetary policy settings with shifting rate expectations changing the dynamic of broader forex markets. Having initially traded up above the 94 US Cents mark as recently as September the Australian dollar has now lost more than 15 percent over the past four months a… Continue reading
Posted on 22 January 2015 | 7:06 pm
BER Team
Immigrant Investor Programs (IIP) are set up by countries to attract foreign capital and business people by providing the right of residence and citizenship in return. In the US, the EB5 investor program is one such Immigrant Investor programs. This program requires overseas applicants to invest anywhere from US $500,000 to US $1 million, depending… Continue reading
Posted on 16 January 2015 | 7:29 pm
OzForex Research
We first heard rumblings of discontent from leaders of emerging market economies around the middle of last year when it looked as though the US was about to commence tapering quantitative easing. These rumblings are likely to get a whole lot louder this time around though, as the impact of US policy starts to bite… Continue reading
Posted on 30 January 2014 | 3:41 am
BER Team
Hong Kong may have pegged its currency to the US dollar, but the renminbi is flavour of the year as the territory pushes for stocks, bonds and other financial products denominated in the mainland currency.   Financial groups are rushing to take advantage of key reforms introduced by China in July, which liberalised the flow… Continue reading
Posted on 18 June 2011 | 2:28 am

Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article

Advertised Foreign Transfer Exchange Rate - Accuracy Checks

Investigating reports that the exchange rates for International Money Transfers published by Financial Institutions on their websites are better than those available to their customers via Internet Banking. We will publish periodic Exchange Rate Accuracy checks here.⇒ read article

BestExchangeRates in the Press SMH.com.au Money

“A check with the foreign-exchange comparison website bestexchangerates.net shows a big variation in the exchange rates available when sending money and buying cash.” SMH.com.au ⇒ read article

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