China Currency: you need to know to tourists

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Each country has its own currency.In Russia - the ruble, the US - the dollar, and in Ukraine -grivny.And what is the currency in China?National monetary unit of the country is the yuan.

Tourists to pay for various goods or services can use international credit cards, but to travel to the country need to have cash.For their preparation can be cashed credit card, using the services of the Bank of China.It is said that to withdraw money from ATMs is not necessary because there is a great risk of getting counterfeit banknotes.Exchange currency for a stay in China, the best in the offices of the National Bank, as well as in hotels and airports of international class.We should also be aware that the services of street money changers is prohibited because it is contrary to the law "On monetary relations."Otherwise, you may be subject to administrative or criminal liability.

should also be noted that the import into China can be any currency without any restrictions, but the export of national currency units is a clear limitation - are allowed to take with them no more than 5 million yuan.

China's currency is considered the most stable not only in Asia but around the world.After its devaluation in the early 90s heading 8 yuan per dollar.It is worth noting that China's currency is available not only in the form of banknotes of different denomination and coins - Jiao and Feeney.

important administrative region of the country is Hong Kong.It is characterized by high autonomy, so the money turnover there other currency China -gonkongsky dollar banknotes (CTAG - its international designation) and cents, which are issued in the form of coins.The course of the currency pegged to the US dollar.The money issued by the government of Hong Kong and three local banks.Allowed to import unlimited amounts of currency, and the Hong Kong border crossing in either direction from the GCD is prohibited.

Exchange available money for the Hong Kong dollar is not a problem.This can be done in banks, exchange offices, airports, major supermarkets and in many hotels.We also accept traveler's checks.China's currency in the form of Hong Kong dollars is available for any tourist who has an international credit card.It suffices to use ATMs, which operate around the clock and give out the cash without paying fees.It is worth noting that China's currency is exchanged in banks most profitable and highest percentage has to be paid at the airports.

If during your stay in this country, you do not spend all the yuan, they can be exchanged for the desired currencies.It should present the check previous purchase of the Chinese currency, so these documents after the implementation of all cash transactions should not be thrown away.It should also be remembered that the old and damaged banknotes can be exchanged reluctantly or not at all be taken.In addition, it is necessary to be in possession of identity documents.