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CNY/MYR Exchange Rate

CNY 1.00 = MYR Mid-Rate       /
Here at BER we are dedicated to helping you compare and get the best currency exchange rates for Chinese Yuan Bank Transfers We also provide currency converter calculators, up-to-date market research and information on both banks and online currency brokers. Select Type >

Popular CNY Mid-Rates & Charts (30 days & 3 years) :

Daily Currency Market Commentary
Daily currency news provided by OzForex

The US dollar has appreciated during overnight trade after economic data pointed towards a strengthening economy whilst broader inflation remained the below the Federal Reserve’s official 2 percent target. Assisting the Greenback, Housing Starts reached their highest level in eight months whilst inflation during July showed the cost of living only trickled higher by 0.1 percent, its smallest increase since February. Shining additional light on the Federal Reserve’s existing stance, minutes from their last gathering are due to be released this evening ahead of the Jackson Hole Summit starting on Thursday where Janet Yellen and leading economists will meet to discuss forecasts and monetary policy. Stronger against the Yen this morning at a rate of 102.91 the Greenback is considerably stronger when valued against the Euro (1.3320) as investors await additional economic indicators towards weeks end.
Data releases
MI Leading Index m/m
NZD: No data today
No data today
GBP: MPC Asset Purchase Facility Votes, MPC Official Bank Rate Votes, CBI Industrial Order Expectations
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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

BestExchangeRates in the PressSMH.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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