bmecfa

Why is it said that my response covers sensitive words? Censorship?

bmecfa

As of now, USD/RMB = 6.8  is Indirect Quote if USD is domestic currency; RMB/USD = 1/6.8 is Indirect Quote if RMB is domestic currency.

By convention, AUD, EUR,GBP and NZD have direct quotes against USD – that is domestic currency (USD) amount per unit of foreign currency. All others are in Indirect quotes.

Don't worry about the USD/RMB or RMB/USD. Just make sure you know which one is domestic ccy. CFA exams normally apply Direct Quote and tell you which one is domestic ccy.