If earlier the Chinese yuan aroused less interest than other currencies, today its quotes cannot be ignored, since the PRC is one of the leaders in the world economy. It is impossible not to accept the fact that the dynamics of the yuan has a significant impact on the entire exchange market. And close economic ties with China in one way or another oblige analysts, investors and entrepreneurs to monitor how the yuan exchange rate changes against the ruble in Moscow.
For timely receipt of information about quotes, there is no need to look for data in official sources - on the websites of banks and exchange offices. All information about the fall or rise of the yuan is automatically displayed on our portal. You can always find out:
- the current exchange rate of the yuan in today:
- momentum for desired period and forecasts for tomorrow.
The site also contains a table of organizations implementing. From it you can find out:
- addresses and contact details of exchange offices and banks;
- the cost of buying and selling yuan.
Despite the limitations of the dual-currency basket Russian Federation only two currencies - the euro and the dollar, other currencies are also of interest. All the more quickly developing countries such as China, for example. I wonder how the Chinese national currency is developing and whether it has a future in Russian market? Is it worth investing in the national currency of China? We offer the current one.
Our country has now taken an active course to the east, especially in terms of oil and gas supplies. Such economic ties can popularize the Chinese currency in the Russian market. And also to attract the attention of citizens as investment purchases of RMB. Does he look to consider the Chinese currency as a profitable investment?
Yuan is the national currency of China. Translated from Chinese, it means “circle” (a round coin), but the inhabitants of the Celestial Empire call it in a completely different way. Official name renminbi, in translation - people's money. They have the international banking code CNY. There are 100 fen or 10 jiao in 1 yuan. The face value of the coins is 1, 2, 5, 10, 20, 50 and 100 yuan, 5, 2 and 1 jiao.
By the end of last year, the yuan rose in value more than planned. This growth was 7%. Moreover, in last years the Chinese currency is generally characterized by stability. After the crisis of 2008, the PRC resolutely set a course for the development of domestic economic policy, and today, perhaps, there is no country in the world that does not have economic ties with China. China is self-sufficient, exports from the country are extremely high. This, of course, significantly strengthened their national currency.
In addition, the PRC acts as a buyer in the energy market, so Russia's proposals for the supply of oil are now very beneficial to them, against the backdrop of a general decrease in the cost of energy resources.
Prospects for Yuan
And today the Chinese government is building financial policy to increase the value of their currency. This, the Government believes, may now reduce the position of the yuan, but in the long run it will noticeably strengthen the currency market. Therefore, against the backdrop of general global economic instability, the behavior of the Chinese currency looks very confident.
Forecast of the yuan against the ruble for 2015 in Russia depends on fluctuations in our currency, and on Chinese trends. The ruble will continue to fall in price this year, the dollar, on the contrary, will rise in price. Now for about 6 yuan in the market you can buy 1 dollar. It turns out that the ratio of the ruble and the Chinese yuan is 450:1. Will the current situation change?
According to experts, its value will decrease somewhat over the year, even despite its stable position. This is justified by a slight slowdown in the pace of economic development in China. China's central bank cuts key bank rates and reduces the required ratio of financial reserves by 1.5%.
Mitul Kotech, Head of Department currency analysis Bank Barclays Plc's from Singapore predicts by the beginning of autumn 2015 a decrease in GDP in China. This will lead to a depreciation of the Chinese currency by 2.3%.
The forecast of European banks about the position of the currency from China is as follows: by the summer of 2015, 10 CNY will buy $1.57.
However, compatriot experts predict the strengthening of the Chinese currency due to significant factors:
=> Increase in export volumes due to increased demand of the main buyers - the USA and South Korea and, accordingly, an increase in budget revenues;
=> Beneficial for China, the fall in "oil" prices will free up additional funds for development;
=> Now you can buy Russian energy resources from Russia on favorable terms.
With the help of such supportive events, the Chinese will be able to smooth out the negative moments and even provide a small increase in the yuan.
Should you invest your savings in yuan?
Of course, in new economic conditions the Chinese yuan forecast for 2015 is of investor interest. Russia is heading to the East, diplomatic and business agreements are being established. Does this mean that you can safely invest in China? Today, many experts advise investing their savings in yuan, in order to make a profit in the future. Quick earnings from the yuan should not be expected yet.
The previous crisis of 2008 did not break the Chinese economy; on the contrary, it revealed its weaknesses. Special attention required for domestic consumption overall structure gross domestic production in China. In fact, China's industry is completely focused on external consumers. Domestic consumption was in short supply. Therefore, the Chinese Government decided to reorient production to domestic markets. This decision caused a rapid rise in inflation within the country.
The purchasing power of the population and rising prices could not provide a stable exchange rate for the national currency, so the yuan became a freely convertible currency. This process is still ongoing and will be completed by the end of 2015.
As a result of this innovation:
=> There will be a strengthening and growth of the yuan. By the end of the year, the rate may reach 4 yuan for 10 US dollars.
=> It is expected that the price of Chinese industrial products will rise by 15-20%. This will greatly reduce the competitiveness of Chinese products in the consumer market of the world.
=> Yuan will become available for foreign investors. Growing demand will strengthen it even more.
The exchange rate of the yuan against the ruble for 2015 will also change. Those who are going to invest their accumulated funds in this currency should take into account the fact that not all Russian banks while working with the yuan. This will complicate the process. Although now, with the establishment of partnerships with the Celestial Empire, we should expect the introduction of the yuan into free access in the Russian banking system.
A fairly stable yuan against the dollar will withstand the current year. The fluctuations are the smallest. But if you want quick results of the work of money, then investing them in the yuan for a short time most likely does not make sense. Also, exchange rates on the yuan for 2015 are not the most profitable. Since neither sharp fluctuations, no jumps in this currency are expected.
It is more profitable today to open currency deposits in euros and dollars. Then it will be possible to earn not only on the obvious growth of currencies, but also as a percentage of term deposits. Today banks offer different percentages on the invested amounts, and far from the largest and most profitable. But don't expect any major changes just yet. Many analysts also do not advise opening long terms for deposits, since the situation can become different at any moment (God forbid, default). Optimal time– 3-6 months.
Investments can be diversified, open both ruble and currency deposit. Then your savings will be securely protected, and besides, you are guaranteed to be able to make a profit.
We hope that the yuan forecast in Russia presented by us helped you decide on the choice of currency for investment.
Good time of the day! The National Republic of China is a powerful state. The country's economy is developing more and better every year.
Economists predict favorable conditions for the exchange rate of the yuan to the ruble in 2015 year. To save and increase Money, investing in the currency of the People's Republic of China on long term investment, would be the best option. Average course: 6-9 rubles during 2015.Many investors call the yuan the "second dollar". Order 1.5% is this currency in the system of interbank transactions SWIFT.
Forecast of the yuan against the ruble for 2015 from economists.
More than 7% in 2014, the Chinese currency appreciated. Nobody expected this and could not think of it. Since every year around the world there are various economic and political situations that affect the dynamics of exchange rates. The stability of the Yuan has been different over the years. In 2015, the Chinese currency, in relation to the ruble, most likely expects a moderate stable strengthening. A number of factors contribute to this:- Export of goods.
- The Bank of China is steadily monitoring its exchange rate.
- China buys energy resources, therefore it is beneficial for them to reduce them.
To look closely at the above written or not, it's up to everyone. But economists believe that the strengthening of the Chinese currency will continue. Forecast of the yuan against the ruble from analysts.
Most financial analysts believe that the national currency of China will slow down V 2015 year. The Yuan will gradually weaken to 3% . To be honest, we can talk for a long time on this topic. But you have to draw your own conclusions. In our century, it is not necessary to listen to both economists and analysts. It is only necessary to listen, and the final conclusion on investing in the Yuan currency, for further conversion into rubles for profit, must be done by yourself.
What does the chart look like? That's right, on . Therefore, the situation is likely to develop in the same way as with USD/RUB. Personally, I would like to add: if you want to speculate, then use U.S. To save and increase free cash, it is best to use a basket of currencies. Let's say you have $100,000. 50000 rubles ( 50% ) keep in national currency, 25% (25,000 rubles) transfer to US dollars and 25% (25,000 rubles) in Euro. So it will be not only more reliable, but also correct.In conclusion, I want to add that the exchange rate of the yuan against the ruble will always depend on the US dollar. By the end of the year, I predict that for one yuan, they will give on average 8 rubles.
CNY – official currency People's Republic of China. It should be borne in mind that the word "yuan" (translated into Russian - "circle" or "round coin") is used exclusively abroad. The internal name of the currency is renminbi or, as is customary in Latin spelling, Renminbi, which translates as "people's money". Bank code– CNY. 1 yuan is equal to 10 jiao or 100 fen. Banknote denominations: 100, 50, 20, 10, 5, 2 (rare) and 1 yuan, as well as 5, 2 and 1 jiao. Coins: 1 yuan, 5, 2 and 1 jiao.
Traditionally, on the front side of banknotes there is a portrait of Mao Zedong and flowers. Moreover, a Japanese plum is added to the portrait of the leader for 100 yuan, a chrysanthemum for 50, a lotus for 20, a rose for 10, a narcissus for 5 and an orchid for 1 yuan. back side decorate the landscapes of China. The coins of the last series contain on the front side the name of the bank and the year of issue, on the reverse side on 1 yuan - the inscription RMB (three times; the coin is made of nickel covered with steel), on 5 jiao - the image of a reed (made of copper covered with steel). Coin 1 jiao - smooth, made of aluminum alloy. Other denominations have not been issued since the end of the last century.
Although China is considered one of the first countries in the world to use banknotes(coins appeared in the 7th century BC, banknotes - in the 8th century AD, and paper was invented there around 100 AD), money in its modern form has its history there only since 1948. It was then that the People's Bank of China was created, which received the exclusive right to issue. Prior to that, since 1835, a Chinese liang was issued, equal to 10 mao and 100 fins. Small gold bars were used for large payments. IN countryside smaller coins were in circulation: qian and cache. In addition, throughout China, there was a huge amount of foreign money in circulation.
First attempt at unification monetary system was undertaken in 1933, but it was not successful: as before, each province issued its own coins and banknotes. In addition, part of the territory was occupied, and Japanese military yen was in circulation there from 1938 to 1943.
Until 1935, the yuan was pegged to the silver standard, and after - to the gold one. At the same time, as a result of the monetary reform, the previously issued money was replaced by banknotes. Their excessive emission led to hyperinflation: in 1936, 1 US dollar corresponded to 3.36 yuan, and in 1946 - 3,350. The outbreak of the revolution completely brought down the national currency.
On January 1, 1948, the People's Bank of China issued the first "people's money", setting the gold content of the yuan at 0.22217 grams of pure gold. The exchange rate of old banknotes was 3 million for 1 yuan. Moreover, the reform was carried out not at a time, but as the provinces were united by the communists. Finally, local banknotes were replaced by single currency only by 1952, and in Tibet by 1959.
In the very first year, the authorities had to devalue the national currency several times: initially, 1 US dollar cost 4 yuan, by the end of 1948 it was already 20. In 1955, the People's Bank of China held monetary reform: from March 1 to April 30, old money was exchanged for new money at the rate of 10,000:1.
The Chinese Yuan is not a freely convertible currency. Its official rate until 1974 was set People's Bank towards British pound sterling and the Hong Kong dollar, later - to the US dollar and a basket of world currencies. Moreover, the official exchange rate did not always and did not fully reflect economic trends: Since 1994, it has been fixed at 8.27 yuan per dollar.
Some relaxation in monetary policy happened only in 2005, when the Chinese authorities carried out a revaluation of the yuan, raising its value by 2%. By 2008, the yuan appreciated by more than 20% to 6.82 yuan per US dollar. Nevertheless, even today, the PRC continues to enjoy certain foreign trade advantages, which are based on the undervalued exchange rate of the national currency. For the summer of 2011, the official exchange rate is 6.46 yuan per dollar.
In terms of investment, China is one of the most interesting countries. In two decades, the PRC has made a huge leap forward, advancing to the second place in the world in terms of gross domestic product after the United States, overtaking Japan and other developed countries. Moreover, among economists there is no consensus on how much China's GDP actually is. It is generally accepted that the national currency is undervalued by approximately two times, and due to the discrepancy official exchange rate with the real it is difficult to bring production data to a single indicator with other countries: figures diverge from more than 5 trillion dollars to more than 10 trillion. At the same time, thanks to this situation, China has a stable positive trade balance.
At the same time, it is assumed that sooner or later the Chinese leadership will liberalize the economy and exchange rates. And then the prospect for making a profit due to the growth in the value of the currency may open up.
As for the exchange cash currency in China, then Foreign citizens can exchange it for yuan freely in banks and in specialized exchange offices. Moreover, if you need to make a reverse exchange - change the remaining yuan for another currency upon departure, then you must save a certificate of exchange.