Will or Won't the RMB-Greenb Rate Dip Below 6?

• 作 者: LIANG GUOYONG
• 机 构: the Investment and Enterprise Division of the United Nations Conference on Trade and Development (UN
• 出 处: China Today
• 发表日期: 2013年04期
• 关键词: appreciation dollar currency fluctuation monetary UNCTAD prices inflow presently

THE Renminbi entered 2013 with gusto, the spot Yuan/US$ rate hitting 6.2216-strongest since China’s 2005 exchange reform and also a 19-year high. This market hotspot might presage a rate lower than the RMB 6 benchmark.The exchange rate reflects the exter-

THE Renminbi entered 2013 with gusto, the spot Yuan / US $ rate hitting 6.2216-strongest since China’s 2005 exchange reform and also a 19-year high. This market hotspot might presage a rate lower than the RMB 6 benchmark. Exchange rate reflects the exter-