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Insert US Currency Field in the Advertising Contract

Insert US Currency Field in the Advertising Contract

Aug 6th, 2022

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How to Insert US Currency Field in the Advertising Contract

5 out of 5

44 votes

In this video, the aim is to explain how the currency market operates, as it can be counterintuitive. The discussion focuses on the relationship between the Chinese renminbi and the U.S. dollar, clarifying that "yuan" is the unit of the renminbi. For illustrative purposes, an example exchange rate is provided, stating that the quoted rate is 10 yuan per U.S. dollar, meaning 10 yuan equals $1. The explanation seeks to create an intuitive understanding of how currencies fluctuate in value relative to one another.

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