Chinese yuan / South African rand

stockPerformance $-0.018 (-0.70%)
Updated: 18 Jan, 3:04 pm UTC
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The Chinese Yuan is the primary currency used in China and is an important part of the global financial system. It is often used as a hedge against inflation and currency depreciation and as a tool for diversifying investment portfolios. Investors can use it to gain exposure to the Chinese economy, which is a major driver of global growth. The Chinese Yuan is also used in international trade and foreign exchange markets, as well as by many central banks. It can be traded on international markets and used to purchase securities and other financial instruments. The Chinese Yuan is an important currency for investors looking to diversify their portfolios and gain exposure to the rapidly growing Chinese economy.