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How to Have Your Money Exchanged in Yiwu?

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How to Have Your Money Exchanged in Yiwu?
If you are not able to bring enough cash with you before coming to Yi wu China, then you may have your local currency exchanged to RMB (Renminbi) here. This is the official currency of the the People’s Republic of China. US dollars are also accepted in most cases. You may visit the following places in order to get a good rate: Hotels – 4 or 5 star hotels have business center department. You may check the daily rate with them.
⇒ Black market – the name sounds illegal and it might scare you just thinking about it, but we call it “Black market” because sometimes they can even give a better rate than any other exchange rate markets. It is located in front of Bank of China. Before going there, ask your agent’s help. He might have some reliable and good contacts.
Note: Going to the bank is not advisable due to the low exchange rate it provides.

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