![]() ![]() Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account So far this year, the yuan has slumped more than 13% against the dollar, on track to log its worst year since 1994, when China devalued the yuan by 33% overnight as part of market reforms.Ī rapid depreciation of the currency can cause fresh headaches for Beijing as it could intensify capital flight. The greenback surged to a fresh two-decade high on Wednesday against a basket of major counterparts, boosted by the Fed’s policy tightening. The Chinese yuan, together with other major global currencies, has weakened rapidly against the dollar in recent months. XE’s free live currency conversion chart for Chinese Yuan Renminbi to US Dollar allows you to pair exchange rate history for up to 10 years. (Photo by M.A.Pushpa Kumara/Anadolu Agency via Getty Images) M.A.Pushpa Kumara/Anadolu Agency/Getty ImagesĪmerica's strong dollar is hurting everyone else Kuwaiti Dinar, 168.5526, 171.9237 Indian Rupee, 0.6591, 0.6723 Australian Dollar, 32.0636, 32.7049 SDR, 72.1247, 73.5672 Pound Sterling, 64.6555, 65.9486. Hong Kong’s aggregate balance, a gauge of liquidity levels in the banking system, has declined rapidly over the past year, and is down more than 90 from its peak in 2021. dollar, spurring concerns about the competitiveness of Chinese exports. ![]() The government manages to import limited stocks of fuel and introduced a QR (Quick Response) Code system to ration fuel distribution. Traveling for business or pleasure Huntington customers can save time by ordering foreign currency before a trip. Key Points The Chinese yuan has strengthened to three-year highs against the U.S. The economic crisis ridden island nation faced a grave fuel and other essential items shortage due to the lack of foreign exchange causing public outcry and protests. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.COLOMBO, SRI LANKA - AUGUST 02 : Sri Lankan three-wheeler drivers push their vehicles along the queue near a fuel station in Colombo, Sri Lanka, 02 August 2022. First Rate Exchange Services Ltd, a company registered in England and Wales with number 4287490 whose registered office is Great West House, Great West Road, Brentford, TW8 9DF, (Financial Services Register No. Post Office Travel Money Card is an electronic money product issued by First Rate Exchange Services Ltd pursuant to license by Mastercard International. ![]() Registered office: 100 Wood Street, London, EC2V 7ER.įind out more information by reading the Post Office Travel Money Card's terms and conditions. Post Office Limited is registered in England and Wales. Post Office and the Post Office logo are registered trademarks of Post Office Limited. Post Office Travel Money is provided by First Rate Exchange Services. dollars by the bank processing the payment, not the date the foreign currency payment is received by the IRS. dollars is based on the date the foreign currency is converted to U.S. Get details on foreign currency exchange rates and more inside. tax payments in a foreign currency, the exchange rate used by the IRS to convert the foreign currency into U.S. Cirrus/MasterCard, Visa/Plus, Maestro, and HSBC maintain ATMs in China. Take your next trip with ease by ordering your foreign currency online or at one of our branches. ATMs are in all airports, and most hotel lobbies and department stores. If you make 15 international purchases at 25 each, you would pay 11.25 in foreign transaction fees with a 3 transaction fee rate. Travel money in-branch terms and conditions Most ATMs will provide instructions in English and will accept international cards, but it’s prudent to bring a couple of different cards to China, in case one isn't accepted. Please read the Post Office Travel Money terms and conditions. GBP value Min online spend £400, max £2,500
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