Why do we see two exchange rate quotes in the bank?

This is called "two-way**". Now the exchange rate in the market is generally two-way, that is, the first party quotes its own ** price and selling price at the same time, and the customer decides the direction of buying and selling. The smaller the spread between the price and the ask price, the smaller the cost for the investor.

The ** spread of interbank transactions is normally 2 3 points, and the ** spread of banks to customers varies greatly according to the situation of each company, and the ** spread of foreign margin trading is basically 3 5 points or 6 8 points, and the real trading of domestic banks ranges from 10 to 50 points.

The exchange rate is generally expressed in both directions, and the person who buys low and sells high obtains trading profits.

For example, in USD, the former currency USD is the base currency, and the latter currency SGD is the currency, the former is the base currency USD of the party (that is, the customer or the inquirer sells the base currency USD or the inquiry currency SGD), and the latter is the base currency USD sold by the customer or the inquirer (that is, the customer or the inquirer sells the base currency USD).

The ** of foreign exchange can change rapidly, and the exchange rate is changing all the time, so you see that the exchange rate of each bank may also be different, and the current real-time exchange rate shall prevail.

The main reasons for the difference in foreign exchange rates of major banks are as follows:

1. The bank is an over-the-counter market, not a unified place like an exchange, so each bank is different.

2. Different banks have different views on the market, which will lead to this phenomenon.

3. The handling fee charged by itself is different, so it will also lead to this difference.

First of all, it's not the so-called branch indicator upstairs.

The reason is that you see different moments at each branch. Because exchange rates change in real time.

For example, if you see a foreign exchange rate in a branch of the industry and commerce, and then look at another branch, the foreign exchange rate changes again, this is because of the problem of time, not the problem of the branch.

The forex rate of the same bank is exactly the same, but this data changes in real time every day.

I suggest that you can operate it in online banking, which is not only convenient, you don't have to run around, but it is also easier to observe the foreign exchange rate, and then sell it to the bank at the highest time.

If you have any questions, please continue to ask.

At different times on the same day, there are their own **; The spreads of each bank are different, and they will also give different **.

Foreign currency exchange varies from bank to bank. But there is not much difference. Because the position of a foreign exchange in the daily foreign exchange settlement of each bank is different, in order to flatten the position, the long foreign exchange needs to be thrown, the short foreign exchange needs to be replenished, and the bank with a long foreign exchange will be relatively low, and the short bank will be slightly higher.

However, the difference will not be too large, otherwise it will form arbitrage between banks.

The long and short positions of each bank are different, you already know this explanation, and the rest is the network delay. The fast network is displayed early, and the slow network is displayed late. It's inevitable. An eighth-second delay is unavoidable by any high-tech technology so far.

The listing price is the ** selling price and the middle price should not be different, the real-time foreign exchange rate may fluctuate when dealing with the business, are you comparing at the same point in time?

I think if you stay in the same bank for a day, the party will be different. On the 2012 National Day, the exchange rate between the Singapore dollar and the Chinese yuan was from the early morning to the afternoon of the 1st. Because it's always changing.

The monster has to be examined for only one day.

It should be the same. It can't be different.

The method of offering and identification and hot days.

Meeting recommendations are submitted to him.

Close Ask a question Find information on your own!!

v high concurrency can give you and normalization.

Put into the union to provide anyone to pick up the goods.

Online banking sees different branches**.

Task metrics and the like are different for each branch.

There should be room for self-adjustment.

The commission is not the same, or it is wrong, and the information is lagging behind. How do banks make money: 1. Usury; 2. Arbitrary charges; 3. Pimping. Don't know which one you are?

At present, China's foreign exchange control has not yet moved towards marketization, so the State Administration of Foreign Exchange allows all banks operating foreign exchange to fluctuate up and down in the benchmark interest rate, and the floating rate is set by the state.

Second, the sources of quotation used by banks are also different, some banks use New York, some use Reuters, so there will be a wide variety. Many Japanese banks use the Tokyo foreign exchange market** for foreign exchange buying and selling. In this way, also in foreign countries, due to the different sources, there are very big differences between domestic and foreign.

If you're interested, you can check out New York, London, Tokyo, and all over the country at the same time every weekday to see the difference.

The China Foreign Exchange Trade System (CFETS) is authorized to publish the announcement of the central parity of the RMB exchange rate.

The bank's foreign exchange ** selling price is calculated based on the benchmark price given by the China Foreign Exchange Trade System plus a bank's trading spread, and each bank is slightly different according to its own situation, but the difference is very small, and it should be in the fourth decimal place to make a difference.

The People's Bank of China will publish a benchmark price, on the basis of the benchmark price, each bank can float the exchange rate within the specified ratio, so the foreign exchange rate of each bank is somewhat different.

Each foreign currency has 4 types of exchange rates, namely the spot exchange rate, the spot exchange selling price, the cash exchange price, and the cash selling price. The selling price is the exchange rate at which the bank sells the foreign currency to the customer, that is, the exchange price at which the customer buys foreign exchange from the bank.

The ** price is the bank's exchange rate for foreign exchange or foreign currency to the customer, which is divided into two types: cash ** price and spot exchange ** price. The spot exchange rate is the bank's exchange rate, and the cash rate is the bank's foreign currency cash rate.

At the same time, spot exchange.

Banks are buying low and selling high, making more than 3 cents of the difference. . .

The exchange rate difference of 100 yuan in different banks is in pennies...

At the same time, you **, go to other banks to sell, do you make money?

Bank of China's foreign exchange rate.

The larger the base... The more you lose ...

Your idea is very good, but it is impossible to realize, there is a limit to the amount of foreign exchange that each person can exchange, such as US dollars can only be exchanged for $50,000 per person per year except for special operations. So the probability of the speculative idea you want to come true is low. There are differences between banks because of the different ** staff, but not very much.

This is the situation that emerged after the exchange rate reform, the People's Bank of China will publish a benchmark price, on the basis of the benchmark price, each bank can float the exchange rate within the specified ratio, so the foreign exchange rate of each bank is somewhat different.

In addition, the current exchange rate is constantly changing from day to day, and there may be cases when you are on your way from one bank to another.

It is different, but the difference is very small, the absolute value is less than the difference between ** and the sell, and it is impossible to arbitrage profits.

The foreign currency exchange is different from each bank, but the difference is not big, because the banks in the daily foreign exchange settlement of a foreign exchange position is different, in order to flatten the position, the long foreign exchange needs to be thrown, the short foreign exchange needs to be replenished, with a foreign exchange long bank, the foreign exchange sold ** will be relatively high, and the short bank **** will be slightly higher, but the difference will not be too big, the difference can not be higher than the bank bid-ask spread, otherwise it will form interbank arbitrage.

At the same time, the foreign exchange rate is the same for different banks. However, if the spreads of the traders are not the same, the exchange rate of each bank or dealer will be different, and the exchange rate of each bank in China** will not be much worse.

The exchange rate is also known as the "foreign exchange market or exchange rate". The ratio of one country's currency to another's currency is expressed in one currency as another currency**. Since the names of the currencies of various countries in the world are different and the value of the currency is different, the currency of one country should stipulate an exchange rate for the currency of other countries, that is, the exchange rate.

The exchange rate is the most important adjustment lever in the world. Because the goods produced in a country are costed in the country's currency, the cost of goods must be related to the exchange rate in order to compete in the international market. The level of the exchange rate also directly affects the cost and quality of the commodity in the international market, and directly affects the international competitiveness of the commodity.

There is a slight difference, but generally not much.

【China Merchants Bank】Foreign exchange real-time exchange rate (including intermediate price, cash ** price, cash selling price, spot exchange ** price, spot exchange selling price, etc.), please enter the homepage of China Merchants Bank and click on the "Foreign Exchange Real-time Exchange Rate" on the right side to view, the specific exchange rate is subject to the actual exchange rate. If you want to query the historical exchange rate, click after the corresponding exchange rate"View history"。

Note: 100 foreign currency to RMB; Each bank has a different exchange rate, but it doesn't vary much.

The international exchange rate is the same, but the difference is that the spread of each bank and dealer is different, so the exchange rate of each bank or dealer is different. In China, the exchange rate** of individual banks is not much worse. It is recommended that you shop around before purchasing foreign exchange.

China adopts the exchange rate floating system:

1.The foreign exchange rate of state-owned banks is the same, and the official exchange rate figure is refreshed every 15 minutes during working days. So the result is the same for any bank you go to to exchange currency.

2.The bank's ** price and the selling price are not the same, and the difference is the bank's commission, and the bank does not charge extra.

3.Go to the bank to buy foreign exchange, see the bank's selling price, and the bank will sell it to you at the selling price.

4.Go to the bank to sell foreign exchange, look at the bank's **price, and the bank will use **price** your foreign exchange.

Hello, I am glad to serve you, and give you the following answers: To determine which one is the best, you must first understand the basic concept of the exchange rate, as well as the trend of the exchange rate. The exchange rate refers to the exchange rate of one country's currency for another country's currency, and it is affected by many factors, including economic conditions, political conditions, and conditions.

Therefore, to determine which one is the best, it is necessary to analyze the trend of exchange rate changes and compare the advantages and disadvantages of different **. Secondly, to determine which one is the best, you also need to consider the real-time nature of the exchange rate. The exchange rate is a dynamically changing indicator, and its changes may change greatly in a short period of time, so to determine which one is the best, you need to compare the real-time performance of different shengliang, as well as the changing trend.

Finally, to determine which one is the best, you also need to consider the reliability of the exchange rate. The exchange rate is a complex indicator, and its changes are influenced by many factors, so to determine which one is the best, it is necessary to compare the reliability of different ones, as well as the trend of change. In short, to determine which one is the best, it is necessary to analyze the trend of exchange rate changes, as well as compare the real-time, reliability and advantages and disadvantages of different **.

In addition, individuals can also determine which one is the best by observing market dynamics and referring to professional institutions.

(1) ** price and ask price are relative to a group of currencies, in the case of GBP USD currency, the selling price of GBP is; For USD JPY, the price of the Japanese Yen ** is.

2) AUD USD **, the former is IBJ Bank ** AUD, the latter is the sale of AUD**, ABC Bank to IBJ Bank ** AUD 5 million, according to AUD USD quoted ** transaction, the exchange rate used is, need USD: 5 million * US dollars.

2) Comparing the two, IBJ Bank's **GBP** is higher than XYZ Bank's, indicating that it is willing to **GBP (paying more USD), while the selling price is lower than XYZ Bank's, indicating that it is also willing to sell GBP (charging less USD), in this case, XYZ Bank**, few customers are willing to trade GBP with it.