
Revolut rolls out five new currencies including Chinese Yuan
Users can now hold and exchange 39 different currencies directly in-app.
Revolut has launched five additional currency wallets— Chinese yuan (CNY), Vietnamese dong (VND), Moroccan dirham (MAD), Icelandic krona (ISK), and Serbian dinar (RSD).
With this, its Singapore users can now hold and exchange 39 different currencies directly in-app, according to a press release.
Apart from exchanging currencies, users can also set stop and limit orders for automatic exchanges.
Revolut says it supports spending in over 200 countries worldwide without any foreign exchange fees.
Other tools in the Revolut platform include budgeting tools for keeping track of spending; a split bills option to keep track of group expenses; and fee-free ATM withdrawals of up to S$350 cash, or up to 5 withdrawals each month without any fees.
With these additions, Revolut offers currency wallets for all high-demand Asian currencies, including the Indonesian Rupiah (IDR), Thai Baht (THB), Philippine Peso (PHP), Korean Won (KRW), Japanese Yen (JPY), Indian Rupee (INR) and Hong Kong Dollar (HKD), amongst others.