Experts Predict There Will Be a 3% Appreciation of the RMB in 2012

Posted on February 19, 2012  by Xixi  in Yuan Appreciation   No Comments »
Experts Predict There Will Be a 3% Appreciation of the RMB in 2012

Over the recent period since the beginning of 2012, the exchange rate of the RMB against the U.S. dollar rises continuously, topped the 6.3 mark yesterday and increased 179 basis points over three trading days. In his remark addressing this issue, Zhang yimin, PhD in Finance from the China Europe International Business School, said that […]

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 […]