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List of renminbi exchange rates. The renminbi ( RMB, also known as Chinese yuan; ISO code: CNY) is the official currency of the People's Republic of China. [1] Although it is not a freely convertible currency, and has an official exchange rate, the CNY plays an important role in the world economy and international trade.
The rupiah ( symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam ( रूप्यकम् ). [ 4] Sometimes, Indonesians also informally use the word perak ("silver" in Indonesian) in referring to rupiah in coins.
v. t. e. In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. [ 1] Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. [ 2]
During the 1970s, it was revalued until it reached ¥1.50 per dollar in 1980. When China's economy gradually opened in the 1980s, the renminbi was devalued in order to improve the competitiveness of Chinese exports. Thus, the official exchange rate increased from ¥1.50 in 1980 to ¥8.62 by 1994 (the lowest rate on record).
The United States dollar ( symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.
Frankie Montas made a triumphant return to Yankee Stadium, Nick Martini, Jonathan India and Spencer Steer homered and the Cincinnati Reds completed a three-game sweep of reeling New York with an 8 ...
December 31 is the 365th day of the year (366th in leap years) in the Gregorian calendar. It is known by a collection of names including: Saint Sylvester's Day, [ 1] New Year's Eve or Old Year’s Day/Night, as the following day is New Year's Day. It is the last day of the year; the following day is January 1, the first day of the following year.
July 23, 2024 at 9:38 PM. PITTSBURGH (AP) — Rookie Paul Skenes lost for the first time in 12 career major league starts, giving up Alec Burleson’s tiebreaking single in the ninth inning that ...