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Daily Archives: October 25, 2007
Chinese RMB Expected To Appreciate
This is an interesting article (http://www.bloomberg.com/apps/news?pid=email_en&refer=home&sid=aq_idaiqb638) that explains the rational of the Chinese currency appreciating against the dollar to a rate of 7 RMB to 1 USD. This is about a 6% increase over the current exchange rate of 7.49 … Continue reading
Posted in China
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