CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
The base currency – EUR. The counter currency – CNH. The rate of the euro to the Chinese yuan show how many CNH are needed to buy one European currency unit. Issued and controlled by the European Central Bank, the euro is the 2nd reserve currency and the 2nd most traded currency globally after the US dollar. EUR is the official currency in the eurozone member states. The official symbol for the currency is €. CNH is emitted and regulated by the People’s Bank of China (PBC). It is 9th most traded currency in the world, which uses ¥ as a symbol and is also known as the Renminbi. At Capital.com you can receive updated info of the rate of EUR to the Chinese yuan.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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