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huier
Joined: 02 Sep 2004
Posts: 3
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 Posted: Mon Jul 25, 2005 9:47 pm Post subject: what do you think of the revaluation of Chinese RMBA |
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The People's Bank of China unexpectedly announced the lifting of the renmibi's peg to the US dollar and adjusted the exchange rate to 8.11 yuan to one dollar, from the previous 8.28 yuan,
What is your opinion of this change for the international business?
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RedRose
Joined: 21 May 2004
Posts: 2735
Location: GuangZhou, China
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| Posted: Mon Jul 25, 2005 10:14 pm Post subject: |
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| RBM was increased in value, but my money wasn't increased yet. therefore, for me, it means nothing. |
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