Appreciation of RMB Influence China Export

Posted on August 01, 2011  by Xixi  in Yuan Appreciation   No Comments »
Appreciation of RMB Influence China Export

A year has passed since June 19 last year when the People’s Bank of China (PBC) announced to increase the flexibility of RMB exchange rate. During this period, the rate of RMB to USD has kept a trend of fluctuating and slow rising. Up to June 17 this year, the price ratio of RMB to […]